La Crosse School District Uses Little Known Law
A 3 year old state law lets school districts exceed their state revenue limits without referendums, in order to borrow for energy projects. It helps school districts keep up on maintenance and become more energy efficient. We asked Kermit King with the La Crosse School District how long they have used it.
Last year, the law was expanded to let schools spread their payments over a number of years instead of just one. And that spurred a big increase in borrowing....from about $9 million dollars in fiscal 2011 to $93 million this year, with around 30 projects throughout the state each year.