SB 415 — Relating to: the timing of equalization aid payments to school districts. (FE)

- 2020 LEGISLATURE LRBa0648/1LRB-1263/1 FFK:cjs SENATE AMENDMENT 1, TO SENATE BILL 415 OctoberSeptember 16,17, 2019 - OfferedIntroduced by SenatLSEN.Senators O LSEN, M ARKLEIN and L.

AtTAYLOR, thecosponsored locationsby indicated,Representatives amendH theUTTON, billD asUCHOW follows:, GUNDRUM , HORLACHER , K ITCHENS, KNODL, KRUG , UGLITSCH , ULP, MURPHY , MURSAU, NOVAK, PETRYK, Q UINN, SCHRAA , SPIROS, THIESFELDT, TUSLER , DITTRICH and S KOWRONSKI .

1.Referred to Committee on Education.

PageA 2,N lineA 3:CT to repeal 121.15 (1) (a) 1.

delete “2018-19 school year" and substitute121.15 “2018-19(1) and(a) 2019-202. school years".

2.to 5.;

Pageto 2,renumber line121.15 10:(1) (a) 6.;

deleteto “2019-20"renumber and substituteamend “2020-21".121.15 (1) (a);

and to create 121.15 (1) (a) 2.

to 6.

of the statutes;

relating to:

the timing of equalization aid payments to school districts.

Analysis by the Legislative Reference Bureau Under current law, the Department of Public Instruction pays equalization aid to school districts for each school year in the following four installments:

15 percent in September, 25 percent in December, 25 percent in March, and 35 percent in June.

This bill increases the percentage of equalization aid distributed in September by 2 points each school year, and decreases the percentage of equalization aid distributed in June by 2 points each school year, until the 2023-24 school year, at which time the amount of equalization aid distributed in both September and June will be 25 percent.

The result is that equalization aid will be paid to school districts in four equal installments beginning in the 2023-24 school year.

For further information see the state and local fiscal estimate, which will be printed as an appendix to this bill.

The people of the state of Wisconsin, represented in senate and assembly, do enact as follows:

- 2020 Legislature - 2 - LRB-1263/1 FFK:cjs SENATE BILL 415 SECTION 1 SECTION 1.

121.15 (1) (a) of the statutes is renumbered 121.15 (1) (a) 1.

and amended to read:

121.15 (1) (a) 1.

Each In the 2018-19 school year, 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, percent of its total aid entitlement in June.

SECTION 2.

121.15 (1) (a) 1.

of the statutes, as affected by 2019 Wisconsin Act ....

(this act), is repealed.

SECTION 3.

121.15 (1) (a) 2.

to 6.

of the statutes are created to read:

121.15 (1) (a) 2.

In the 2019-20 school year, each school district shall receive 17 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 33 percent of its total aid entitlement in June.

PageIn 2,the line2020-21 14:school year, each school district shall receive 19 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 31 percent of its total aid entitlement in June.

delete “2020-21" and substitute “2021-2022".

PageIn 2,the line2021-22 18:school year, each school district shall receive 21 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 29 percent of its total aid entitlement in June.

delete “2021-22" and substitute “2022-23".

PageIn 2,the line2022-23 22:school year, each school district shall receive 23 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 27 percent of its total aid entitlement in June.

deleteLRB-1263/1 “2022-23"- and2020 substituteLegislature “2023-24".- 3 - FFK:cjs SECTION 3 SENATE BILL 415 6.