Review Agenda Item
Meeting Date: 6/29/2023 - 5:30 PM
Category: Report of the Committee on Student Achievement and School Innovation
Type: Action
Subject: 13. Report with Possible Action Regarding the Implementation of the Personal Finance Course
Strategic Plan Compatibility Statement:
Policy: Admin Policy 7.37 - Graduation Requirements
Attachments Personal Finance Board Item June 8 2023
File Attachment:
Personal Finance Course June 2023.pdf
Background: At its regular meeting of May 2021, the Board approved the proposed revisions to Administrative Policy 7.37 requiring all high school students to take a one-semester personal finance course to prepare them to be college-and-career ready. This is the third and final update for the 2022-2023 school year on the development and implementation of the personal finance course required for graduation.

The graduation requirement began at three schools - Riverside University High School, Alexander Hamilton High School, and Green Tree Preparatory Academy - starting with the Class of 2026, with additional schools being added in subsequent semesters/years. Bay View, Bradley Tech, MacDowell, Marshall, Milwaukee High School of the Arts, Project Stay, Vincent Accelerated Academy, and Wisconsin Conservatory of Lifelong Learning offered the personal finance course in Spring 2022. Alliance, Audubon, JMAC, King IB, Milwaukee County Youth Education Center, Milwaukee School of Languages, and Pulaski offered the personal finance course in Fall 2022. In spring 2023, Golda Meir, Obama, Reagan, South Division, Vincent, and Washington offered the course.

This report will provide information on the following:
1. Summary of course implementation in high schools across the district, including relevant data and highlights from the year.
2. Review of personal finance teacher professional development plan
3. Update on planned financial literacy events and engagement strategies implemented
4. Immediate next steps in the implementation process
5. Perspectives from a principal who participated in piloting the personal finance course
Fiscal Impact Statement:
Implementation and Assessment Plan
Recommendation: Your Committee reports having received the foregoing report. Although this item was noticed for possible action, no action is required.
Approvals:
Recommended By:
Signed By:
Jacqueline M. Mann, Ph.D. - Board Clerk/Chief Officer