The presentation included assertions on redistributed state taxpayer dollars sent to Madison (2010 – 2019 data available here).
The presentation did not mention total Madison K-12 spending , nor the implications of spending increase referendums on local property taxes and redistributed state taxpayer funds. In essence, the more a local school district exceeds state revenue limits, the less statewide funds they receive. Nonetheless, redistributed state taxpayer funds have grown over the past decade (note that there has been a reduction in Madison’s increase due to our tax and spending growth practices, via a number of referendums).
Notes on the above from Kelly Ruppel, the Madison School District CFO:
We are a -15% aid loss district, primarily driven by Madison’s equalized property value growth impact on the equalization aid formula. -15% loss is the maximum allowable; therefore, the referendum would not likely cause us to lose any more state aid funding, rather in either scenario we are quite likely to still be -15% loss.
I appreciate Ms. Ruppel’s words. I wonder how much the property value growth has contributed to this vs. previous referenda?
Presentation handouts (PDF).
Total 2019 – 2020 taxpayer spending is “around $500,000,000” (About $18,500 per student) according to the District’s Chief Financial Officer’s [bio] response to a question.
Madison supports 13,573 elementary, 5,479 middle and 7,862 high school students (26,914 total).
A presenter [org chart] further mentioned that Madison spends about $1 per square foot in annual budget maintenance while Milwaukee is about $2.
Milwaukee taxpayers plan to spend $1.2B for 75,234 students, or $15,950 per student, about 16% less than Madison.
The referendum website.
Mission vs organization notes:
“The data clearly indicate that being able to read is not a requirement for graduation at (Madison) East, especially if you are black or Hispanic”