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State Aids Payment Schedule


2007-2008 DIRECT STATE AIDS PAYMENT SCHEDULE

Note: Due to the statutory requirement to delay payment of $75,000,000 of 2006-2007 Equalization Aid to July 23, 2007, the September, December, March and June equalization aid payments are reduced by approximately 1.62 percent.

JULY 2007

July 23: 2006-2007 Delayed Equalization Aid (approximately 1.62%); 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))

AUGUST 2007

No Direct Aid Payments

SEPTEMBER 2007

September 17: State Equalization Aid (15.0% of 2006-2007 certified amount (less estimated delay of 1.62% of this amount)) (ss. 121.15); 3rd Monday

September 17: State Equalization Aid 10-Payment Option (10% of 2006-2007 certified amount less estimated delay of 1.62%) (ss. 121.15(1g)); 3rd Monday

OCTOBER 2007

2007-2008 General State Aid Payment Amounts Certified 10-15-2007

October 15: State Equalization Aid 10-Payment Option (10% of 2006-2007 certified amount less estimated delay of 1.62%) (ss. 121.15(1g)); 3rd Monday

NOVEMBER 2007

November 19 : SAGE Aid (33% of amount due) (ss. 118.43(6)); 3rd Monday

November 19: State EEN Aid (15% of amount due) (ss. 115.88); 3rd Monday

November 19: State Equalization Aid 10-Payment Option (10% of 2007-2008 certified amount less estimated delay of 1.62%) (ss. 121.15(1g)); 3rd Monday

November 26: Public Library System Aid; 4th Monday

DECEMBER 2007

December 3: State Equalization Aid and Special Adjustment (40.0% of 2007-2008 certified amount less Sept payment (less total delayed (1.62%) less September payment)); 1st Monday

December 3: State Equalization Aid 10-Payment Option (10% of 2007-2008 certified amount less estimated delay of 1.62%) (ss. 121.15(1g)); 1st Monday

December 17: State EEN Aid (15% of amount due) (ss. 115.88); 3rd Monday

JANUARY 2008

January 22: State EEN Aid (15% of amount due) (ss. 115.88); 3rd Monday (holiday) Paid on Tuesday

January 22: State Equalization Aid 10-Payment Option (10% of 2007-2008 certified amount less estimated delay of 1.62%) (ss. 121.15(1g)); 3rd Monday (holiday) Paid on Tuesday

January 28: General Transportation Aid (ss. 121.58); Last Monday

FEBRUARY 2008

February 19: SAGE Aid (33% of amount due) (ss. 118.43(6)); 3rd Monday (holiday) Paid on Tuesday

February 19: State EEN Aid (15% of amount due) (ss. 115.88); 3rd Monday (holiday) Paid on Tuesday

February 19: State Equalization Aid 10-Payment Option (10% of 2007-2008 certified amount less estimated delay of 1.62%) (ss. 121.15(1g)); 3rd Monday (holiday) Paid on Tuesday

MARCH 2008

March 17: State EEN Aid (15% of amount due) (ss. 115.88); 3rd Monday

March 24: State High Poverty School District Aid (ss. 121.136); 4th Monday

March 24: State Equalization and Special Adjustment Aid (25% of certified amount ( less 1.62% delay)) (ss. 121.15); 4th Monday

March 24: State Equalization Aid 10-Payment Option (10% of 2007-2008 certified amount less estimated delay of 1.62%) (ss. 121.15(1g)); 4th Monday

APRIL 2008

April 21: State Equalization Aid 10-Payment Option (10% of 2007-2008 certified amount less estimated delay of 1.62%) (ss. 121.15(1g)); 3rd Monday

April 28: Public Library System Aid; 4th Monday

April 28: Common School Fund Library Aid (ss. 43.70); Last Monday in April

MAY 2008

May 19: Children At Risk Aid (100%) (ss. 118.153(4)(b)); 3rd Monday

May 19: State Equalization Aid 10-Payment Option (10% of 2007-2008 certified amount less estimated delay of 1.62%) (ss. 121.15(1g)); 3rd Monday

JUNE 2008

June 2: State Tuition Payments (ss. 121.79); 1st Monday

June 9: State EEN Aid (25% of amount due) (ss. 115.88); 2nd Monday

June 9: SAGE Aid (33% of amount due) (ss. 118.43(6)); 2nd Monday

June 16: State Equalization and Special Adjustment Aid (35% of certified amount (less 1.62% delay)); 3rd Monday 2008

June 16: State Equalization Aid 10-Payment Option (10% of 2007-2008 certified amount less estimated delay of 1.62%) (ss. 121.15(1g)); 3rd Monday

June 16: Aid for Transporting Pupils Over Ice (ss. 121.58(2)(d)); 3rd Monday

June 16: Special Transfer Aid (ss. 121.85); 3rd Monday

June 16: CCDEB Aid; 3rd Monday

June 16: High Cost State EEN Aid (ss. 115.881), 3rd Monday

June 23: SAGE Debt Service Aid (ss. 118.43(8)); 4th Monday

JULY 2008

July 28: 2007-2008 Delayed Equalization Aid (approximately 1.62%); (ss. 121.15(1m)2; 4th Monday. $75,000,000 Delayed Payment, Must be recorded as 2007-2008 revenue. (ss. 121.15(1m)3(b))

July 28: 2007-2008 Computer Exemption Aid (Src 691) Payment (Payment will be made electronically by the Department of Revenue); 4th Monday, Must be recorded as 2007-2008 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 5/16/2008 2:26:22 PM