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2007-2008 DIRECT STATE AIDS PAYMENT
SCHEDULE
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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.
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JULY 2007
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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))
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AUGUST 2007
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No Direct Aid Payments
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SEPTEMBER 2007
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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
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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
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OCTOBER 2007
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2007-2008 General State Aid Payment Amounts Certified
10-15-2007
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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
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NOVEMBER 2007
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November 19 : SAGE Aid (33% of amount due) (ss. 118.43(6)); 3rd Monday
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November 19: State EEN Aid (15% of amount due) (ss. 115.88); 3rd Monday
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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
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November 26: Public Library System Aid; 4th Monday
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DECEMBER 2007
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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
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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
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December 17: State EEN Aid (15% of amount due) (ss. 115.88); 3rd Monday
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JANUARY 2008
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January 22: State EEN Aid (15% of amount due) (ss. 115.88); 3rd Monday (holiday) Paid on Tuesday
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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
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January 28: General Transportation Aid (ss. 121.58); Last Monday
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FEBRUARY 2008
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February 19: SAGE Aid (33% of amount due) (ss. 118.43(6)); 3rd Monday (holiday) Paid on
Tuesday
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February 19: State EEN Aid (15% of amount due) (ss. 115.88); 3rd Monday (holiday) Paid on
Tuesday
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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
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MARCH 2008
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March 17: State EEN Aid (15% of amount due) (ss. 115.88); 3rd Monday
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March 24: State High Poverty School District Aid (ss.
121.136); 4th Monday
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March 24: State Equalization and Special Adjustment Aid
(25% of certified amount ( less 1.62% delay)) (ss.
121.15); 4th Monday
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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
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APRIL 2008
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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
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April 28: Public Library System Aid; 4th Monday
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April 28: Common School Fund Library Aid (ss. 43.70); Last Monday in April
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MAY 2008
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May 19: Children At Risk Aid (100%) (ss.
118.153(4)(b)); 3rd Monday
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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
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JUNE 2008
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June 2: State Tuition Payments (ss.
121.79); 1st Monday
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June 9: State EEN Aid (25% of amount due) (ss. 115.88); 2nd Monday
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June 9: SAGE Aid (33% of amount due) (ss.
118.43(6)); 2nd Monday
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June 16: State Equalization and Special Adjustment Aid
(35% of certified amount (less 1.62% delay)); 3rd Monday 2008
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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
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June 16: Aid for Transporting Pupils Over Ice (ss.
121.58(2)(d)); 3rd Monday
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June 16: Special Transfer Aid (ss.
121.85); 3rd Monday
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June 16: CCDEB Aid; 3rd Monday
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June 16: High Cost State EEN Aid (ss. 115.881), 3rd Monday |
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June 23: SAGE Debt Service Aid (ss.
118.43(8)); 4th Monday
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JULY 2008
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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))
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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))
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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.
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