121.15 Payment of state aid.

325 words·~1 min read·/wi/chapter-121/121-15-2

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)Except as provided under sub.

(1g), state aid under s. 121.08 shall be paid to school districts according to the following distribution schedule:

(a)Each school district shall receive 15 percent of its total aid entitlement in September, 25 percent of its total aid entitlement in December, 25 percent of its total aid entitlement in March and 35 percent of its total aid entitlement in June.

(b)For the September payment, the total aid entitlement for each district shall be estimated based upon the total aid payment in the previous year.

(c)For the payments from December to June, the total aid entitlement for each district shall be computed on the basis of the school district’s membership, as calculated under s. 121.07

(2).

(e)Payments under this subsection shall be made on the first Monday of the month for the December payment, on the 3rd Monday of the month for the September and June payments and on the 4th Monday of the month for the March payment.

(a)If a school board submits a written request to the department before May 1, in the following school year the department shall pay to that school district an amount equal to 10 percent of the school district’s total aid entitlement under s. 121.08 in each month from September to June.

(b)For the September and October payments, the total aid entitlement shall be estimated based upon the total aid payment in the previous year.

(c)For the payments from November to June, the total aid entitlement shall be computed on the basis of the school district’s membership, as calculated under s. 121.07

(2).

(d)Payments under this subsection shall be made on the 3rd Monday of the month, except that payment shall be made on the first Monday of the month for the December payment and on the 4th Monday of the month for the March payment.