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2011-2012 STATE EQUALIZATION AID 10-PAYMENT OPTION
SCHEDULE |
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10-PAYMENT OPTION - Under s. 121.15(1g) of the Wisconsin Statutes, school districts can elect to receive
their Equalization Aid in ten payments throughout the year, if a written request is submitted to
the Department by May 1st for the following year. If a district selects this option, they are
required to pay the Department of Public Instruction earnings determined by the
Department of Administration that would be accummulated if aid had been paid using the regular
Equalization Aid Payment Schedule.
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SEPTEMBER 2011 |
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September 19: State Equalization Aid 10-Payment Option
(10% of 2010-2011 certified amount less estimated delay of 1.70%) (s. 121.15(1g) Wis. Stats.); 3rd Monday |
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OCTOBER 2011 |
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2011-2012 General State Aid Payment Amounts Certified
10-15-2011 |
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October 17: State Equalization Aid 10-Payment Option (10%
of 2010-2011 certified amount less estimated delay of 1.70%) (s. 121.15(1g) Wis. Stats.); 3rd Monday |
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NOVEMBER 2011 |
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November 21: State Equalization Aid 10-Payment Option (10%
of 2011-2012 certified amount, adjusted for September and October payment, less estimated delay of 1.70%) (s. 121.15(1g) Wis. Stats.); 3rd Monday |
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DECEMBER 2011 |
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December 5: State Equalization Aid 10-Payment Option (10%
of 2011-2012 certified amount less estimated delay of 1.70%) (s. 121.15(1g) Wis. Stats.); 1st Monday
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JANUARY 2012 |
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January 17: State Equalization Aid 10-Payment Option (10%
of 2011-2012 certified amount less estimated delay of 1.70%) (s. 121.15(1g) Wis. Stats.); 3rd Monday (holiday) Paid on Tuesday
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FEBRUARY 2012 |
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February 21: State Equalization Aid 10-Payment Option (10%
of 2011-2012 certified amount less estimated delay of 1.70%) (s. 121.15(1g) Wis. Stats.); 3rd Monday (holiday) Paid on Tuesday
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MARCH 2012
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March 26: State Equalization Aid 10-Payment Option (10% of
2011-2012 certified amount less estimated delay of 1.70%) (s. 121.15(1g) Wis. Stats.); 4th Monday
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APRIL 2012
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April 16: State Equalization Aid 10-Payment Option (10% of
2011-2012 certified amount less estimated delay of 1.70%) (s. 121.15(1g) Wis. Stats.); 3rd Monday
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MAY 2012
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May 21: State Equalization Aid 10-Payment Option (10% of
2011-2012 certified amount less estimated delay of 1.70%) (s. 121.15(1g) Wis. Stats.); 3rd Monday
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JUNE 2012
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June 18: State Equalization Aid 10-Payment Option (10% of
2011-2012 certified amount less estimated delay of 1.70%) (s. 121.15(1g) Wis. Stats.); 3rd Monday
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s. 121.15(2)(a) Wis. Stats. 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. |
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