LRBs0127/1
PG:kaf:km
1997 - 1998 LEGISLATURE
SENATE SUBSTITUTE AMENDMENT 1,
TO 1997 SENATE BILL 25
May 7, 1997 - Offered by Committee on Education.
SB25-SSA1,1,2
1An Act to amend 121.15 (1) (intro.); and
to create 121.15 (1m) of the statutes;
2relating to: the school aid distribution schedule.
The people of the state of Wisconsin, represented in senate and assembly, do
enact as follows:
SB25-SSA1, s. 1
3Section
1. 121.15 (1) (intro.) of the statutes is amended to read:
SB25-SSA1,1,64
121.15
(1) (intro.)
State Except as provided under sub. (1m), state aid under
5s. 121.08 shall be paid to school districts according to the following distribution
6schedule:
SB25-SSA1, s. 2
7Section
2. 121.15 (1m) of the statutes is created to read:
SB25-SSA1,1,118
121.15
(1m) (a) If a school board submits a written request to the department
9before May 1, in the following school year the department shall pay to that school
10district an amount equal to 10% of the school district's total aid entitlement under
11s. 121.08 in each month from September to June.
SB25-SSA1,2,2
1(b) For the September and October payments, the total aid entitlement shall
2be estimated based upon the total aid payment in the previous year.
SB25-SSA1,2,43
(c) For the payments from November to June, the total aid entitlement shall
4be computed on the basis of the budget and membership report under s. 121.05.
SB25-SSA1,2,75
(d) Payments under this subsection shall be made on the 3rd Monday of the
6month, except that payment shall be made on the first Monday of the month for the
7December payment and on the 4th Monday of the month for the March payment.
SB25-SSA1,2,118
(e) If a school board chooses the distribution schedule under this subsection,
9it shall pay to the department an amount equal to the earnings that the school
10district's aid entitlement would have accrued had the school district's aid been
11distributed under sub. (1), as determined by the department.