The Wisconsin school finance “system” is often called a “three legged stool,” with the legs being 2/3 funding from state revenues (1/3 from local and federal sources), the QEO to limit teacher contract costs and the revenue caps to limit local property taxes (note that this is mostly about tax issues and not about education).
The Legislative Fiscal Bureau just released an analysis that shows 43.8% of the districts in Wisconsin receive less than 65% of their revenues from the state.
Two legged stools are designed to fail. So is our school finance system.
Thomas J. Mertz