​​​​​​​​​​2024 to See Record Common Scho​ol Fund Distribution

Photo via Wisconsin Examiner

The Common School Fund was established by Wisconsin's founders in Article 10 of the State Constitution as a permanent school trust fund. By investing in community projects throughout the state through the State Trust Fund Loan Program, the Board of Commissioners of Public Lands generates earnings for the Common School Fund. The Fund also receives clear proceeds of all fees, fines and forfeitures (including unclaimed and escheated property) that accrue to the state.  Earnings are distributed annually to public school libraries. These monies are the sole source of state funding for public school libraries​. For many school districts this is the only money available to them for library materials including books, newspapers and periodicals, web-based resources, and computer hardware and software.

​​​This year a record distribution of $65 million was announced on November 20, 2023. The following are some highlights among news coverage of this event that are available online.
​​Library funding will fight hate, Wisconsin officials say | News | captimes.com
Wisconsin public schools to receive $65M in funding for libraries (cbs58.com)
Wisconsin BCPL announces $65 million for public school libraries | News | channel3000.com
​​Wisconsin school libraries will get $65M for new books, tech (journaltimes.com)
​​Wisconsin school libraries get 2024 boost from Common School Fund (jsonline.com)
Wis. public schools receive $65M from fund in ’24 - Monroe Times (themonroetimes.com)
​​Public sch​ool libraries to get 25% more from Common School Fund (nbc15.com)
K-12 schools to receive $65M from Common School Fund (spectrumnews1.com)​​​​State agency makes record contribution to school libraries for 2024 - Wisconsin Examiner
Sec. of State Godlewski: Wisconsin Public Schools to receive $65 million from the Common School Fund in 2024, over $13 ​million more than 2023 - WisPolitics
Public school libraries will see record high investment next year from Wisconsin fund | Wisconsin Public Radio (wpr.org)
State public school libraries to receive $65M from Common School Fund in 202​4 (​wsaw.com)
Wisconsin BCPL announces $65 million for public school libraries - YouTube