Financial Planning and Budget Services
The Department of Financial Planning and Budget Services leads the development of the annual Milwaukee Public Schools (MPS) budget.
2026–27: Proposed Budget
The 2026–27 budget focuses on putting students and classrooms first. Learn about our planning process, changes that are impacting next year’s budget, and more.
2025–26: Current Budget
The 2025–26 budget provides an outline of the district’s current and future financial, organizational, and informational position. The budget is intended to achieve the following:
- Present the district’s financial plan for the fiscal year, illustrating appropriations and projected revenues by which the appropriations are funded
- Serve as a communication document for the citizens of Milwaukee who wish to understand how the school district operates and the methods used to finance those operations
- Guide and aid management staff in controlling financial resources while complying with state and federal requirements and generally accepted accounting principles for government
- Provide highlights of financial policies
Download the 2025–26 Proposed Budget Summary
Additional Information
Past MPS Budgets
- 2022–23 Amended Adopted Budget
- 2021–22 Amended Adopted Budget
- 2020–21 Amended Adopted Budget
- 2019–20 Amended Adopted Budget
- 2018–19 Amended Adopted Budget
- 2017–18 Amended Adopted Budget
- 2016–17 Amended Adopted Budget
- 2015–16 Amended Adopted Budget
- 2014–15 Amended Adopted Budget
- 2013–14 Amended Adopted Budget
Milwaukee Recreation Extension Fund
Since 1911, Milwaukee Recreation (a department of MPS) has received its funding through a municipal tax known as the Extension Fund. The purpose of the Extension Fund is to support community programs and services outside of the regular curricular and extracurricular programs. Wisconsin Statutes § 120.13(19) and § 119.47 give the Milwaukee Board of School Directors authority to establish a fund to support community programs and services outside of the regular curricular and extracurricular programs.
As stated in the statute, “The school board may establish and collect fees to cover all or part of the costs associated with such programs and services.” The Extension Fund supports playgrounds and community center programming, youth and adult sports programs, aquatics, outdoor education, senior adult classes, and therapeutic recreation activities.