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Staff explains school levy credits: "They reduce property tax bills; they do not increase school operating funds"
Summary
A district presenter outlined the difference between school levy credits and school aids, cited state totals ($5.58B in aids vs. $1.275B in levy credits) and discussed equity implications if more dollars shift to levy credits rather than aid.
A district finance presenter summarized how Wisconsin's school levy credits differ from general school aids and why that distinction matters for property-tax equity.
The presenter explained that school levy credits are applied directly to property-tax bills, while school aids are sent to districts and reduce the amount districts must raise through levies. "Levy credits really benefit those districts with high…
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