Usually, no. In Wisconsin, public schools receive most of their funding from state aid and property taxes. State equalization aid is distributed to school districts based, in part, on the number of students enrolled in the public schools on certain dates during the school year. Since a homeschooled student is not enrolled in a public school, the child’s resident school district is not allowed to count that child in its enrollment count for the purposes of claiming state aid. As a homeschooler, there are no state funds allocated to your school district on behalf of your child.
There is an exception. If your homeschooled child takes classes in public school under Wis Stat 118.53, the school district does receive a calculated amount of part-time funding.