Relating to: general equalization aids, supplemental hold harmless aid, the per pupil adjustment for school district revenue limits, and making an appropriation. (FE)

This bill modifies Wisconsin's school funding formulas by increasing state appropriations by $493.8 million for the 2025-26 school year and $699.9 million for 2026-27. It adjusts per-pupil revenue limits to add $325 for the 2023-24 and 2024-25 school years, and establishes a new supplemental hold harmless aid provision to prevent school districts from receiving less state aid than calculated in the 2024-25 school year. These changes directly affect all public school districts in Wisconsin that receive state educational funding. The bill replaces previous funding mechanisms with updated formulas while maintaining specific financial adjustments for affected school years.