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WI SB451

WI SB451
The conditions under which a school district may adopt a resolution to exceed its revenue limit. (FE)


summary

Introduced
09/29/2025
In Committee
01/13/2026
Crossed Over
Passed
Dead

Introduced Session

2025-2026 Regular Session

Bill Summary

This bill prohibits a school board from adopting a resolution to initiate an operating or capital referendum unless the Department of Public Instruction certifies that the school board is in compliance with all applicable requirements to submit financial information to DPI. If a school board adopts a resolution without the required certification, the resolution and any referendum on the resolution are void. Current law generally limits the total amount of revenue a school district may receive from general school aids and property taxes in a school year. However, there are several exceptions to the revenue limit. One exception is for excess revenue approved by referendum for recurring and nonrecurring purposes. This type of referendum is often referred to as an operating referendum. If the operating referendum is for a nonrecurring purpose, a school district[s authority to raise excess revenue is approved only for specific school years. Another exception to a school district revenue limit is an increase for funds needed to service general LRB-4682/1 FFK:cdc 2025 - 2026 Legislature SENATE BILL 451 obligation debt issued by a school district, if the debt was approved by a referendum. This type of referendum is often referred to as a capital referendum. For further information see the state and local fiscal estimate, which will be printed as an appendix to this bill.

AI Summary

This bill modifies the conditions under which a school district can adopt a resolution to exceed its revenue limit or issue bonds by adding a new compliance requirement with financial reporting. Specifically, school districts will now be required to have certified compliance with all financial information submission requirements from the Department of Public Instruction before they can either adopt a resolution to exceed their revenue limit or issue bonds. The bill stipulates that if a school board adopts such a resolution without first obtaining this certification, the resolution and any associated referendum will be considered void. The new provisions mandate that the department must certify the school district's compliance with financial reporting requirements no more than 14 days prior to the board's vote, and the certification must cover specific statutory sections related to financial information submission (119.44(1), 120.08, 120.14, and 121.05). This bill aims to ensure greater financial transparency and accountability by linking a school district's ability to pursue additional funding or bonding to their up-to-date financial reporting practices.

Committee Categories

Transportation and Infrastructure

Sponsors (18)

Last Action

Available for scheduling (on 01/13/2026)

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