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(6) (d) The "secondary shared cost" is that portion of a district's shared
4cost which is not included in the primary shared cost.
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(6) (e) For a school district created by a consolidation under s. 117.08
12or 117.09, in the school year in which the consolidation takes effect and in each of the
13subsequent 4 school years, the
amounts amount under
pars. par. (b)
and (d) shall be
14multiplied by 1.1 and rounded to the next
lowest
lower dollar.
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(7) (a) The "primary guaranteed valuation per member" is an amount,
18rounded to the next lower dollar, that, after subtraction of payments under ss.
19121.09, 121.105, 121.85 (6) (b) 2. and 3. and (c) and 121.86, fully distributes the sum
20of the amount remaining in the appropriation under s. 20.255 (2) (ac) for payments
21under ss. 121.08 and 121.85 (6) (a) and (g).
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(7) (b) The "secondary guaranteed valuation per member" shall be an
25amount rounded to the next lower dollar determined by multiplying the equalized
1valuation of the state by 1.06 and dividing the result obtained by the state total
2membership.
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(7) (c) For districts operating only high school grades, the amounts in
8pars. (a)
to (bm) and (b) shall be multiplied by 3 and rounded to the next lower dollar.
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(7) (d) For districts operating only elementary grades, the amounts in
12pars. (a)
to (bm) and (b) shall be multiplied by 1.5 and rounded to the next lower
13dollar.
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(7) (e) For a school district created by a consolidation under s. 117.08
17or 117.09, in the school year in which the consolidation takes effect and in each of the
18subsequent 4 school years, the amounts under pars. (a)
to (bm) and (b) shall be
19multiplied by 1.1 and rounded to the next lower dollar.
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(8) Guaranteed valuation. A school district's primary
, and secondary
23and tertiary guaranteed valuations are determined by multiplying the amounts in
24sub. (7) by the district's membership.
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(10) (a) The "required levy rate" is the sum of the rates derived in pars.
4(b)
to (d) and (c).
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(1) The state shall pay to the school district a sum equal to the amount
10by which the primary guaranteed valuation exceeds the school district equalized
11valuation, multiplied by the primary required levy rate, and a sum equal to the
12amount by which the secondary guaranteed valuation exceeds the school district
13equalized valuation, multiplied by the secondary required levy rate.
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(2) The aid computed under sub. (1) shall be reduced by the
sum of the 17amount by which the school district equalized valuation exceeds the secondary
18guaranteed valuation, multiplied by the secondary required levy rate
, and the
19amount by which the school district equalized valuation exceeds the tertiary
20guaranteed valuation, multiplied by the tertiary required levy rate. In no case may
21the aid under this section be less than
the amount under sub. (1) (a) zero.
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(3m) (c) By June 30, 1996, and annually by June 30 thereafter, the joint
25committee on finance shall determine the amount
appropriated necessary to
1appropriate under s. 20.255 (2) (ac) in the following school year
to ensure that the
2sum of state school aids and the school levy tax credit under s. 79.10 (4) equals 66.7%
3of partial school revenues.
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(2) (intro.) If a school district holds less than 180 days of school as the
7result of a strike by school district employes, for the purposes of computing general
8aid, the state superintendent shall compute the school district's primary
and
9secondary ceiling
costs cost per member in accordance with the procedure specified
10in pars. (a) to (e). In making the calculation, the state superintendent shall:
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(1) This act first applies to the payment of state school aid in the 1996-97 school
13year.