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DPI: Private School Vouchers Financial Impacts
By Wisconsin School Administrators Alliance staff | October 30, 2015
A major change to school finance in 2015-16 is the funding for private school vouchers. During 2015-16, one-hundred forty-two school districts are impacted by these changes. Beginning in 2016-17, state law directs DPI to increase each of the 142 districts’ 2015-16 membership used for state aid purposes. The addition of an estimated 2,181 FTE private school voucher students to state aid membership will result in a redistribution of the 2016-17 state aids that could impact all school districts.
In 2015-16, state law requires private schools to receive voucher payments ($7,214 for students in grades K-8 and $7,860 for students in grades (9-12) based on current year information. For 2015-16 payments, the 3rd Friday in September 2015 and the 2nd Friday in January 2016 are the student count dates used to calculate the payments. The voucher schools are paid 1/2 the annual payment based on the 3rd Friday in September student count and 1/2 the annual payment based on the 2nd Friday in January student count. Private schools have annual student membership audits and DPI will adjust the payments based on audited information.
The updated summary of these changes to assist in your understanding of these financial impacts is available here.
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