Milwaukee and Racine Parental Choice Programs


Information from the Financial Information Report (FIR)
for Participating Schools

Each private school participating in the choice program is required to file a Financial Information Report (FIR) with the Department of Public Instruction by September 1 following each fiscal year (July 1 to June 30). The FIR, completed by an independent financial auditor, determines the schools per pupil and total costs for the prior school year. Financial adjustments are then made between the school and the state based on the audited number of pupils, payments made and retained, and the school's cost per full-time equivalent (FTE) pupil.

The following tables provide for each participating MPCP school for the 1998-99 through 2011-12 fiscal years: (a) cost per FTE pupil; (b) any adjustment due to the school from the state based on the audited number of pupils and payments made and returned, and a lower cost per pupil than the state aid amount per pupil; and (c) any adjustment due to the state based on the audited number of pupils and payments made and returned.  The same information is provided for the first year (2011-12) of the Racine Parental Choice Program (RPCP).

 

For questions about this information, contact Andrea Kratz (608) 267-1291