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MILWAUKEE - A financial troubling forecast for the state's largest school district has prompted the school board to begin looking into dissolving the Milwaukee Public School system.
The resolution, unexpectedly approved by the board Thursday night, calls for the administration to study state and federal guidelines for abolishing the district and who would be responsible for educating children in Milwaukee.
Superintendent William Andrekopoulos (an-dreh-KOP'-uh-lus) told the board that even with no increase in spending for the current school year, the property tax levy to support schools would go up nearly 10 percent because of a decrease in state aid to MPS.
In recent years, only two small school districts in northern Wisconsin have considered dissolving because of finances, but have not gone through with it.
John B. Adams Jr., vice chairman of the board and the Bank, was selected by the Company's board of directors to assume the chairmanship effective upon Mr. Lawrence's retirement. He has been a director of the Company since 2003 and of the Bank since 2002
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