The horrible Milwaukee Public Schools' financial FUBAR will cost almost every school district in the State due to the labyrinthine "school aid" formula the State uses to hand out tax money. UPDATE: to be clear, these losses of aid are a result of MPS' $250 million referendum and its consequent spending.
These are the LOSSES some districts will take based on Legislative Fiscal Bureau estimates.
Elmbrook: $672K
Franklin: $260K
Hartford Union H.S.: $100K
Kenosha: $858K
Oconomowoc: $500K
Pewaukee: $366K
Waunakee: $250K
It would be nice if school districts had enough 'slop' in their budgets to make up for this without program cuts or prop-tax increases. But most don't.
Thanks again, Horrible Milwaukee!!!
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