Senate Bill 668 introduces a new supplemental state aid program specifically for consolidated school districts in Wisconsin, effective for consolidations that take place on or after July 1, 2026. To qualify for this aid, the maximum allowable levy rate of the newly formed consolidated school district must exceed the lowest levy rate of the underlying school districts that were merged. The bill outlines a tiered aid structure where eligible districts receive aid based on their equalized value and the difference in levy rates over a six-year period, starting with full aid in the first year and decreasing by 20% each subsequent year until the aid ceases in the sixth year.

Additionally, the bill amends current law to include the new aid program under the existing framework of state aids, specifically adding the new section 121.134 to the statutes. This section defines key terms related to the aid program and establishes the criteria for determining eligibility. The bill does not allocate funding for the new aid program, and it maintains the existing state aid of $150 per pupil for consolidated districts for the first five years post-consolidation, with a reduced amount in the sixth and seventh years.

Statutes affected:
Bill Text: 121.90(2)(am)1, 121.90