The Elmbrook School District will receive nearly $300,000 for its libraries thanks to earnings from Common School Fund investments.
The Board of Commissioners of Public Lands announced Monday that public schools throughout Wisconsin will see their K-12 libraries receive a total of $32.1 million.
“It is a joy to have the Board of Commissioners of Public Lands visit the WEMTA’s annual conference to deliver the ceremonial Common School Fund check to the Department of Public Instruction and, in turn, to our members,” Wisconsin Educational & Technology Association president Kim Bannigan said. "For our members, it is a way to thank both organizations for their work in support of Wisconsin’s students. WEMTA extends a special thanks to the BCPL and their staff for their sound management of the Common School Fund, which is as old as our state.
Elmbrook’s piece of the pie will be $295,403. District library coordinator Kay Benning said the money will go a long way toward helping the district’s students to have more access to a variety of resources both at school and remotely.
Benning said the district is grateful for the continued support of the Common School Funds.
"This support, totaling nearly $300,000 each year, is vital to the health of our school libraries, which play an integral role in our ability to instill a love of learning and reading in our students," Benning said. "Our student's ability to access books, e-books and quality information databases at school and at home, is a direct result of the support from the Board of Commissioners."
The Board of Commissioners of Public Lands was established in 1848 by Article X of the Wisconsin Constitution to manage assets of the Common School Fund. This permanent endowment was created in the Constitution to benefit public education. The BCPL generates earnings for the Common School Fund by investing in state and municipal bonds and State Trust Funds that finance community projects across the state.