I have taken the time to unpack the Equalization Aid formula. All of this data is available on the WI DPI website, but it is not easy reading! These figures are subject to slight adjustments.
Reference: https://dpi.wi.gov/sfs/aid/general/equalization/formula
Equalization
Aid Computations
2022-23 Total for HSSD: $40,747,004
Tier 1 Aid
HSSD Variables to be used throughout:
HSSD Computed Values to
be used throughout:
Tier 1 HSSD’s per-member value is $619,812 and the state per-member primary guarantee is $1,930,000. HSSD’s value is 32.11% ($619,812 divided by $1,930,000) of $1,000 per-member cost, or $321.15. The state aid for HSSD at the primary level would be the difference between $1,000 and $320, or $678.85 per member: $678.85 x 5,710.
Total: $3,876,255.20
Tier 2 Aid
Tier 2 HSSD’s per-member
value is $619,812 and the state per-member secondary guarantee is $1,722,650. HSSD’s value is 35.98% ($619,812
divided by $1,722,650) of $9,832 per-member
cost ($10,832 minus the $1,000 already used in the primary tier), or $3,537.57.
For this district, its tax base would be required to fund 35.98% of the
secondary cost. The secondary cost ceiling is $10,832, therefore the secondary
cost at this tier is $9,832 ($10,832 minus the $1,000 already used in the
primary tier). HSSD’s tax base is required to fund 35.98% of the $9,832 of
per-member cost, or $3,537.57. The state aid for HSSD at the secondary
level is the difference between $9,832 and $3,690, or $6,294.43 per member:
Total: $35,941,206.42
Tier 3 Aid
Tier 3 HSSD’s per-member value is $619,812 and the state per-member tertiary guarantee is $754,832. HSSD’s value is 82.11% ($619,812 divided by $754,832) of the state tertiary guarantee. For HSSD, its tax base would be required to fund 82.11% of the tertiary cost. With the secondary cost ceiling at $10,832, the amount of tertiary cost would be in excess of $10,832 up to the share pupil cost ($11,718), or $886. HSSD’s tax base would be required to fund 82.11% of $886, or $727.17. The state aid for HSSD at the tertiary level would be the difference between $886 and $727.17, or $158.40 per member:
Total: $904,446.82
Note: there was a $25,097 aid adjustment from the prior year which is reflected in the total at the top.
Total Cost Sharing (Equal Aid) Percent: 60.90%
