Sarah Godlewski
Press Release

BCPL Voluntarily Cuts Budget to Support Wisconsin


By - Jun 26th, 2020 08:10 am

MADISON, Wis. – The Board of Commissioners of Public Lands (BCPL), chaired by State Treasurer Sarah Godlewski, announced a voluntary cut of at least 5% to its operating budget for this fiscal year. This cut was made in an effort to contribute to the state budget which has been heavily impacted by the COVID-19 pandemic.

“Wisconsinites are feeling the economic impact of this public health crisis, and the state is no exception,” said State Treasurer Sarah Godlewski. “This is an all hands on deck effort to help get on top of the state budget. I’m proud that effective management of our costs will allow us to do our part.”

The BCPL manages $1.2 billion in school trust fund assets, which is the nearly-sole source of funding for Wisconsin public school libraries. This year, the Common School Fund made a record distribution of $38.2 million to public school libraries. When COVID-19 forced students to learn from home, the BCPL stepped up to make a special distribution of $5.25 million to help librarians and school districts address the digital divide.

“As one of the oldest state agencies in Wisconsin, we believe it is important we do our part during this challenging time,” said Executive Secretary Tom German. “The BCPL exists to serve our beneficiaries and we will continue to serve them at the highest level while making this contribution to support Wisconsin.”

The voluntary cut is expected to total around $90,000. The cut will impact procurements of due diligence reports, software, appraisals for land bank transactions, and road work on trust lands for upcoming timber sales. The BCPL has consistently stepped up to provide funding for schools, municipalities, and our communities, and this voluntary budget cut is yet another way the BCPL continues to support the financial wellbeing of Wisconsin during these difficult times.

Mentioned in This Press Release

Recent Press Releases by Sarah Godlewski

Pilot Program to Prevent Property Tax Foreclosure Kicked Off by State Treasurer’s Homeowners Task Force

Six Wisconsin counties now have a tool to help homeowners facing foreclosure due to delinquent property tax payments

State Treasurer Sarah Godlewski, BCPL Chair Visits Solar Panel Investment Site in Washburn

Financed by the Board of Commissioners of Public Lands (BCPL), Board Chair and State Treasurer Sarah Godlewski toured the solar photovoltaic (PV) system at the Washburn Waste Water Treatment Plant. Installed in 2019, the project has generated savings in utility costs and reduced the carbon footprint.

21 Wisconsin Leaders Endorse Sarah Godlewski for U.S. Senate

Coming on heels of pivotal EMILY’S List endorsement, strong support from communities across the state demonstrates Sarah is building the strongest coalition to defeat Ron Johnson

Leave a Reply

You must be an Urban Milwaukee member to leave a comment. Membership, which includes a host of perks, including an ad-free website, tickets to marquee events like Summerfest, the Wisconsin State Fair and the Florentine Opera, a better photo browser and access to members-only, behind-the-scenes tours, starts at $9/month. Learn more.

Join now and cancel anytime.

If you are an existing member, sign-in to leave a comment.

Have questions? Need to report an error? Contact Us