MADISON - The Board of Commissioners of Public Lands approved a State Trust Fund Loan totaling $29,223 to the town of Brooklyn to finance a fire tender truck and a loan totaling $110,000 to the Juda School District to purchase curriculum. The Board approved loans totaling nearly $14 million at a meeting Sept. 6.
The BCPL operates entirely on program revenue, without taxpayer money and distributes more than 96 cents of every dollar of interest earned on BCPL State Trust Fund investments to Wisconsin's public schools. The 2016 earnings of $37.7 million are the largest distribution in the agency's history and provide the sole source of state funding for K-12 public school library materials.
Established in 1848 by the state constitution, the BCPL consists of the Secretary of State Doug La Follette, State Treasurer Matt Adamczyk and Attorney General Brad Schimel. The BCPL manages the Common School Fund, which was created in Article X of Wisconsin's Constitution, as a permanent endowment to benefit public education.
To learn more about the agency, visit http://bcpl.wisconsin.gov.
The BCPL operates entirely on program revenue, without taxpayer money and distributes more than 96 cents of every dollar of interest earned on BCPL State Trust Fund investments to Wisconsin's public schools. The 2016 earnings of $37.7 million are the largest distribution in the agency's history and provide the sole source of state funding for K-12 public school library materials.
Established in 1848 by the state constitution, the BCPL consists of the Secretary of State Doug La Follette, State Treasurer Matt Adamczyk and Attorney General Brad Schimel. The BCPL manages the Common School Fund, which was created in Article X of Wisconsin's Constitution, as a permanent endowment to benefit public education.
To learn more about the agency, visit http://bcpl.wisconsin.gov.