The district has about $1.1 billion to spend on 49,000 students — or more than $22,000 each.
The money comes from federal, state and local sources, including parcel taxes and bonds as well as city funding for arts, physical education and other programs. The funding is separated into a complicated array of separate coffers, each with different rules for where and how to spend it.
Madison plans to spend more than $20,000 per student during the 2021-2022 school year. Note that Madison has received substantial (> $70M (!))redistributed federal taxpayer and borrowed funds in recent months.