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Wisconsin public schools to receive $36.2 million from Common School Fund

Posted at 8:24 PM, Apr 01, 2019
and last updated 2019-04-01 21:24:45-04

The Common School Fund will distribute $36.2 million to Wisconsin's public schools for 2019.

The money will go to funding the school's libraries and technology improvements. 92% of school libraries are donated solely through the fund.

“As Chair of this agency, it’s my top priority to ensure strong financial returns that support over a million school children around the state," State Treasurer Sarah Godlewski said. "This funding allows local librarians to purchase needed books and technology while relieving the burden on property taxpayers.”

The Common School Fund is the state's endowment that benefits public education and is currently valued over $1 billion. Wisconsin is the only state that had a dedicated fund to resourcing public school libraries.