SB 699

2017 Wisconsin Act 59

, the biennial budget, restricted the ability of a school

board to increase the school district's revenue limit by adopting a resolution to exceed

the revenue limit for an energy efficiency project to only those resolutions adopted

before January 1, 2018, or after December 3018. This bill eliminates this restriction.

Current law generally limits the total amount of revenue per pupil a school

district may receive from general school aids and property taxes in a school year to

the amount of revenue received per pupil in the previous school year. However, there

are several exceptions to the revenue limit under current law. One such exception

is for a school district in which the school board adopts a resolution to exceed the

school district's revenue limit for an energy efficiency project. Under current law, if

a school board adopted a resolution before January 1, 2018, or after December 3018,

the school district's revenue limit is increased by the amount the school district

spends on the energy efficiency project in a school year, including amounts spent for

debt service on a bond, note, or state trust fund loan used to finance the energy

efficiency project. Under the bill, a school district's revenue limit is increased by the

amount the school district spends on the energy efficiency project regardless of when

a school board adopts the resolution to do so.