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Janesville officials explain why "per-student" revenue figures vary
Summary
Finance staff walked the committee through how the district calculates revenue per student and why different methods yield different figures, emphasizing distinctions among revenue limit authority, exemptions, and other revenues.
District finance staff led a detailed exercise to explain how much revenue the Janesville School District receives per student and why multiple correct calculations yield different numbers.
Dan McCray presented the revenue-limit worksheet and a three-year rolling membership number of 9,203, and explained that the statutory revenue limit per member used in state calculations is $11,325. He said that depending on which revenues and exemptions are included in the calculation, "how much money do we get per child" can range from the revenue-limit figure to higher totals when nonrecurring exemptions and other funds are counted.
McCray walked the…
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