1. Category% of State Budget 1. K-12 General and Categorical School Aids ($5.2 billion)32.4% 2. Medical Assistance15.1% 3. University of Wisconsin System Operations 7.0% 4. State Correctional Operations 6.4% 5. School Levy/First Dollar Tax Credits ($897.4 million) 5.6% 6.Shared Revenue Payments (Aid to Municipalities) 5.3% 7.Technical College System Aids 3.2% 8.Appropriation Obligation Bonds 2.5% 9. Local Community/Juvenile Correctional Services 1.9% 10.State Judicial/Legal Services 1.6% Everything else (agency operations, choice programs, etc.) 19% Ten Largest General Fund Programs and % Share of State’s 2014-15 General Fund Budget (Source: Legislative Fiscal Bureau)

2. K-12 School Aids as % of State General Fund Appropriations (Source: Legislative Fiscal Bureau)

3. Revenue Limits-Per Pupil Adjustment History (DPI)

4. Revenue limits are increasing by $75 per pupil in 2014-15 and state “per pupil aid” Provides an additional $75 per pupil in 2014-15 (total of $150 per pupil). There are no per pupil increases in either area scheduled after 2014-15. State School Aid Increases General Equalization Aid$94.4 million (2.1% increase over 2013-14) Categorical Aids$68.1 million (10% increase over 2013-14) General & Categorical Aids$162.5 million (3.2% increase over 2013-14) Choice Program Increases (All estimated as appropriation are sum sufficients) Milwaukee$29.8 million (18.5% increase over 2013-14) Racine$7.1 million (93.1% increase over 2013-14) Wisconsin$4.1 million (127.9% increase over 2013-14) Independent Charter School Increase (Estimated as appropriation is sum sufficient) Independent Charters$5.2 million (8.2% increase over 2013-14) 2014-15 Summary--School Finance