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State Aids Payment Schedule


2006-2007 DIRECT STATE AIDS PAYMENT SCHEDULE
Note: Due to the statutory requirement to delay payment of $75,000,000 of 2005-2006 Equalization Aid to July 24, 2006, the September, December, March and June equalization aid payments are reduced by approximately 1.64 percent.
July 2006
July 24: 2005-2006 Delayed Equalization Aid (approximately 1.64%); ss. 121.15(1m)2; 4th Monday. $75,000,000 Delayed Payment, Must be recorded as 20054-2006 revenue. (ss. 121.15(1m)3(b))
AUGUST
No Direct Aid Payments
SEPTEMBER
Sept. 18: State Equalization Aid (15.0% of 2005-2006 cert amount (less estimated delay of 1.64% of this amount)) (ss. 121.15); 3rd Monday
Sept. 18: State Equalization Aid 10-Payment Option (10% of 2005-2006 cert amount less estimated delay of 1.64%) (ss. 121.15(1g)); 3rd Monday
OCTOBER
2006-2007 General State Aid Payment Amounts Certified 10-15-2006
Oct. 16: State Equalization Aid 10-Payment Option (10% of 2005-2006 cert amount less estimated delay of 1.64%) (ss. 121.15(1g)); 3rd Monday
NOVEMBER
Nov. 13 : SAGE Aid (33% of amount due) (ss. 118.43(6)); 2nd Monday
Nov. 20: State EEN Aid (15% of amount due) (ss. 115.88); 3rd Monday
Nov. 20: State Equalization Aid 10-Payment Option (10% of 2006-2007 cert amount less estimated delay of 1.64%) (ss. 121.15(1g)); 3rd Monday
Nov. 27: Public Library System Aid; 4th Monday
DECEMBER
Dec. 4: State Equalization Aid and Special Adjustment (40.0% of 2006-2007 cert amount less Sept payment (less total delayed (1.64%) less Sept payment)); 1st Monday
Dec. 4: State Equalization Aid 10-Payment Option (10% of 2006-2007 cert amount less estimated delay of 1.64%) (ss. 121.15(1g)); 1st Monday
Dec. 18: State EEN Aid (15% of amount due) (ss. 115.88); 3rd Monday
Jan-2007
Jan. 16: State EEN Aid (15% of amount due) (ss. 115.88); 3rd Monday (holiday) Paid on Tuesday
Jan 16: State Equalization Aid 10-Payment Option (10% of 2006-2007 cert amount less estimated delay of 1.64%) (ss. 121.15(1g)); 3rd Monday
Jan 29: General Transportation Aid (ss. 121.58); Last Monday
FEBRUARY
Feb. 12: SAGE Aid (33% of amount due) (ss. 118.43(6)); 2nd Monday
Feb. 20: State EEN Aid (15% of amount due) (ss. 115.88); 3rd Monday (holiday) Paid on Tuesday
Feb. 20: State Equalization Aid 10-Payment Option (10% of 2006-2007 cert amount less estimated delay of 1.64%) (ss. 121.15(1g)); 3rd Monday
MARCH
March 19: State EEN Aid (15% of amount due) (ss. 115.88); 3rd Monday
March 26: State Equalization and Special Adjustment Aid (25% of cert amount ( less 1.64% delay)) (ss. 121.15); 4th Monday
March 26: State Equalization Aid 10-Payment Option (10% of 2006-2007 cert amount less estimated delay of 1.64%) (ss. 121.15(1g)); 4th Monday
APRIL
April 16: State Equalization Aid 10-Payment Option (10% of 2006-2007 cert amount less estimated delay of 1.64%) (ss. 121.15(1g)); 3rd Monday
April 23: Public Library System Aid; 4th Monday
April 30: Common School Fund Library Aid (ss. 43.70); Last Monday in April
MAY
May 21: Children At Risk Aid (100%) (ss. 118.153(4)(b)); 3rd Monday
May 21: State Equalization Aid 10-Payment Option (10% of 2006-2007 cert amount less estimated delay of 1.64%) (ss. 121.15(1g)); 3rd Monday
JUNE
June 4: State Tuition Payments (ss. 121.79); 1st Monday
June 11: State EEN Aid (25% of amount due) (ss. 115.88); 2nd Monday
June 11: SAGE Aid (33% of amount due) (ss. 118.43(6)); 2nd Monday
June 18: State Equalization and Special Adjustment Aid (35% of cert amount (less 1.64% delay)); 3rd Monday
June 18: State Equalization Aid 10-Payment Option (10% of 2006-2007 cert amount less estimated delay of 1.64%) (ss. 121.15(1g)); 3rd Monday
June 18: Special Transfer Aid (ss. 121.85); 3rd Monday
June 18: CCDEB Aid; 3rd Monday
  June 18: High Cost State EEN Aid (ss. 115.881), 3rd Monday
June 25: SAGE Debt Service Aid (ss. 118.43(8)); 4th Monday
JULY
July 23: 2006-2007 Delayed Equalization Aid (approximately 1.64%); (ss. 121.15(1m)2; 4th Monday. $75,000,000 Delayed Payment, Must be recorded as 2006-2007 revenue. (ss. 121.15(1m)3(b))
July 23: 2006-2007 Computer Exemption Aid (Src 691) Payment (Payment will be made electronically by the Department of Revenue); 4th Monday, Must be recorded as 2006-2007 revenue. (ss. 79.095(4))
 
121.15(2)(a) No state aid payments may be made to any district until the annual report under s.120.18 has been filed with the department. (b) No state aid payments may be made to any district in the months of November to June until the budget and membership report under s. 121.05 is filed with the department. (c) If the state superintendent notifies a school district that a state aid payment may be withheld under par. (a) or (b), he or she shall notify each member of the school board or the school district clerk, the school district clerk shall promptly distribute a copy of the notice to each member of the school board.


For questions about this information, contact dpifin@dpi.wi.gov (608) 267-9114

Last updated on 2/25/2008 12:04:15 PM