PI 49.02(6) (6) “Eligible education expenses” means all direct and indirect costs associated with a private school’s educational programming for pupils enrolled in grades kindergarten to 12.

PI 49.02(7) (7) “Financial audit” means the modified financial audit or standard financial audit, and includes the audit opinion and supplemental schedule, required under s. PI 49.09.

PI 49.02(8) (8) “Full scholarship pupil” means a pupil who was determined to meet the application requirements of s. 115.7915 (2), Stats., and this chapter, and is eligible for a payment under s. 115.7915 (4m) (a), Stats.

PI 49.02(9) (9) “Generally accepted auditing standards” means the auditing standards prescribed by the accounting examining board under s. Accy 1.202.

PI 49.02(9m) (9m) “Local education agency” means a school district or the operator of a charter school under s. 118.40 (2r) or (2x), Stats.

PI 49.02(9s) (9s) “Modified financial audit” means the audit required under s. 115.7915 (6) (e), Stats., for a school that received less than $100,000 under ss. 115.7915, 118.60, and 119.23, Stats., in any school year.

PI 49.02(10) (10) “Official attendance records” means a listing of all kindergarten through grade 12 pupils enrolled in the school by grade level.

PI 49.02(11) (11) “Parent” has the meaning given in s. 115.76 (12), Stats.

PI 49.02(12) (12) “Partial scholarship pupil” means a pupil who was determined to meet the application requirements of s. 115.7915 (2), Stats., and this chapter, and is eligible for a payment under s. 115.7915 (4m) (e), Stats.

PI 49.02(12m) (12m) “Primarily special needs scholarship program expenses” means eligible education expenses that are at least 50 percent related to special needs scholarship program pupils.

PI 49.02(13) (13) “Professional standards” means all of the following:

PI 49.02(13)(a) (a) Standards established by the accounting examining board under ch. 442, Stats.

PI 49.02(13)(b) (b) Standards issued by the comptroller general of the United States for engagements in which the use of generally accepted governmental auditing standards is required.

PI 49.02(13)(c) (c) Standards issued by the American Institute of Certified Public Accountants.

PI 49.02(14) (14) “Reserve” means the difference between the revenue received under s. 115.7915, Stats., and the amount of net eligible education expenses for special needs scholarship program pupils.

PI 49.02(15) (15) “Scholarship” means a payment under s. 115.7915 (4m) or (4p), Stats.

PI 49.02(16) (16) “School term” has the meaning given in s. 115.001 (12), Stats.

PI 49.02(17) (17) “School year” has the meaning given in s. 115.001 (13), Stats.

PI 49.02(18) (18) “Special needs scholarship program administrator” means the person who has the authority to do all of the following:

PI 49.02(18)(a) (a) Process pupil applications and transfer requests.

PI 49.02(18)(b) (b) File reports and forms required under this chapter and s. 115.7915, Stats.

PI 49.02(19) (19) “Special needs scholarship program” means the program established under s. 115.7915, Stats.

PI 49.02(19m) (19m) “Standard financial audit” means the audit required under s. 115.7915 (6) (e), Stats., for a school that annually received a total of at least $100,000 under ss. 115.7915, 118.60, and 119.23, Stats., in any school year.

PI 49.02(20) (20) “State superintendent” means the state superintendent of public instruction.

PI 49.02(21) (21) “Working papers” means the record of audit procedures performed by the auditor, the relevant audit evidence obtained by the auditor, and the conclusions reached by the auditor.

PI 49.02 History History: EmR1619: emerg. cr., eff. 6-2-16; CR 16-005: cr., Register October 2016 No. 730, eff. 11-1-16; EmR1630: emerg. cr. (5m), (9m), am. (18), eff. 11-1-16; CR 16-066: cr. (5m), (9m), am. (18) Register April 2017 No. 736, eff. 5-1-17; EmR1815: emerg. r. (3), am. (5m), (7), (15), cr. (19m), eff 7-1-18; EmR1911: emerg. r. (3), cr. (3m), am. (5m), (7), cr. (9s), (12m), am. (15), renum. (18) to (18) (intro.) and am., cr. (19m), eff. 7-1-19; CR 19-095: r. (3), cr. (3m), am. (5m), (7), cr. (9s), (12m), am. (15), renum. (18) to (18) (intro.) and am., cr. (19m) Register March 2020 No. 771, eff. 4-1-20; correction in (12m) made under s. 35.17, Stats., Register March 2020 No. 771.

PI 49.03 PI 49.03 School requirements.

PI 49.03(1) (1) Private school. A school participating in the special needs scholarship program shall be a private school as defined in s. 115.001 (3r), Stats.

PI 49.03(2) (2) Special needs scholarship program administrator. The special needs scholarship program administrator shall be one of the following: