SB596: Bill Text

SB596, s. 6 Section 6. 121.07 (6) (dr) of the statutes, as created by 1995 Wisconsin Act 27, is repealed.

SB596, s. 7 Section 7. 121.07 (6) (e) of the statutes, as affected by 1995 Wisconsin Act 27, is amended to read:

SB596,3,14 121.07 (6) (e) For a school district created by a consolidation under s. 117.08 or 117.09, in the school year in which the consolidation takes effect and in each of the subsequent 4 school years, the amounts amount under pars. par. (b) and (d) shall be multiplied by 1.1 and rounded to the next lowest lower dollar.

SB596, s. 8 Section 8. 121.07 (7) (a) of the statutes, as affected by 1995 Wisconsin Act 27, is repealed and recreated to read:

SB596,3,21 121.07 (7) (a) The "primary guaranteed valuation per member" is an amount, rounded to the next lower dollar, that, after subtraction of payments under ss. 121.09, 121.105, 121.85 (6) (b) 2. and 3. and (c) and 121.86, fully distributes the sum of the amount remaining in the appropriation under s. 20.255 (2) (ac) for payments under ss. 121.08 and 121.85 (6) (a) and (g).

SB596, s. 9 Section 9. 121.07 (7) (b) of the statutes, as affected by 1995 Wisconsin Act 27, is repealed and recreated to read:

SB596,4,2 121.07 (7) (b) The "secondary guaranteed valuation per member" shall be an amount rounded to the next lower dollar determined by multiplying the equalized valuation of the state by 1.06 and dividing the result obtained by the state total membership.

SB596, s. 10 Section 10. 121.07 (7) (bm) of the statutes, as created by 1995 Wisconsin Act 27, is repealed.

SB596, s. 11 Section 11. 121.07 (7) (c) of the statutes, as affected by 1995 Wisconsin Act 27, is amended to read:

SB596,4,8 121.07 (7) (c) For districts operating only high school grades, the amounts in pars. (a) to (bm) and (b) shall be multiplied by 3 and rounded to the next lower dollar.

SB596, s. 12 Section 12. 121.07 (7) (d) of the statutes, as affected by 1995 Wisconsin Act 27, is amended to read:

SB596,4,13 121.07 (7) (d) For districts operating only elementary grades, the amounts in pars. (a) to (bm) and (b) shall be multiplied by 1.5 and rounded to the next lower dollar.

SB596, s. 13 Section 13. 121.07 (7) (e) of the statutes, as affected by 1995 Wisconsin Act 27, is amended to read:

SB596,4,19 121.07 (7) (e) For a school district created by a consolidation under s. 117.08 or 117.09, in the school year in which the consolidation takes effect and in each of the subsequent 4 school years, the amounts under pars. (a) to (bm) and (b) shall be multiplied by 1.1 and rounded to the next lower dollar.

SB596, s. 14 Section 14. 121.07 (8) of the statutes, as affected by 1995 Wisconsin Act 27, is amended to read:

SB596,4,24 121.07 (8) Guaranteed valuation. A school district's primary, and secondary and tertiary guaranteed valuations are determined by multiplying the amounts in sub. (7) by the district's membership.

SB596, s. 15 Section 15. 121.07 (10) (a) of the statutes, as affected by 1995 Wisconsin Act 27, is amended to read:

SB596,5,4 121.07 (10) (a) The "required levy rate" is the sum of the rates derived in pars. (b) to (d) and (c).

SB596, s. 16 Section 16. 121.07 (10) (d) of the statutes, as created by 1995 Wisconsin Act 27, is repealed.

SB596, s. 17 Section 17. 121.08 (1) of the statutes, as affected by 1995 Wisconsin Act 27, is repealed and recreated to read:

SB596,5,13 121.08 (1) The state shall pay to the school district a sum equal to the amount by which the primary guaranteed valuation exceeds the school district equalized valuation, multiplied by the primary required levy rate, and a sum equal to the amount by which the secondary guaranteed valuation exceeds the school district equalized valuation, multiplied by the secondary required levy rate.

SB596, s. 18 Section 18. 121.08 (2) of the statutes, as affected by 1995 Wisconsin Act 27, is amended to read:

SB596,5,21 121.08 (2) The aid computed under sub. (1) shall be reduced by the sum of the amount by which the school district equalized valuation exceeds the secondary guaranteed valuation, multiplied by the secondary required levy rate , and the amount by which the school district equalized valuation exceeds the tertiary guaranteed valuation, multiplied by the tertiary required levy rate. In no case may the aid under this section be less than the amount under sub. (1) (a) zero.

SB596, s. 19 Section 19. 121.15 (3m) (c) of the statutes, as created by 1995 Wisconsin Act 27, is amended to read:

SB596,6,3 121.15 (3m) (c) By June 30, 1996, and annually by June 30 thereafter, the joint committee on finance shall determine the amount appropriated necessary to appropriate under s. 20.255 (2) (ac) in the following school year to ensure that the sum of state school aids and the school levy tax credit under s. 79.10 (4) equals 66.7% of partial school revenues.

SB596, s. 20 Section 20. 121.23 (2) (intro.) of the statutes, as affected by 1995 Wisconsin Act 27, is amended to read:

SB596,6,10 121.23 (2) (intro.) If a school district holds less than 180 days of school as the result of a strike by school district employes, for the purposes of computing general aid, the state superintendent shall compute the school district's primary and secondary ceiling costs cost per member in accordance with the procedure specified in pars. (a) to (e). In making the calculation, the state superintendent shall:

SB596, s. 21 Section 21. Initial applicability.

SB596,6,13 (1) This act first applies to the payment of state school aid in the 1996-97 school year.

SB596,6,14 (End)