Spring Finance Workshop

1
Spring Finance Workshop

• OPEB
• Special Education
• Days Hours
• and more.

2
OPEB
3
OPEB State Categorical Aid

• Beginning with the 2007-08 school year,
  contributions to a trust must meet certain
  criteria to be eligible for state categorical aid
  administered by DPI
• (state special education aid, high cost aid,
  state tuition aid, etc..)

4
OPEB State Categorical Aid

• Beginning with the fiscal year that the trust is
  funded, the following criteria must be met.
• Year 1 The contribution may be less than or
  equal to the ARC.
• DPI will not enforce any fund 73 balance
  requirements in order for districts to get used
  to the process for operating a trust .

5
OPEB State Categorical Aid

• Year 2 and each fiscal year thereafter The
  contribution must meet at least one of the
  following 3 criteria.
• The contribution must equal the ARC amount.
• OR
• The contribution must exceed current year
  expenditures paid from the trust by 5.
• OR
• The contribution combined with the previous 2
  year contributions must exceed current year
  expenditures combined with the previous 2 year
  expenditures paid from the trust by 15.

6
OPEB State Categorical Aid

• We have created a spreadsheet that districts can
  use to determine whether or not their trust
  contributions are eligible for state categorical
  aid administered by DPI.
• http//www.dpi.wi.gov/sfs/xls/TestOfCategoricalCon
  tribution.xls

7
OPEB State Categorical Aid

• We encourage districts to review this calculation
  prior to June 30th, and to be conservative when
  estimating expenditures.
• Contributions may be made anytime during the
  fiscal year, but MUST be physically made before
  or on June 30th.

8
OPEB - General

• Just a reminder that expenditures for current
  retiree benefits may not be drawn from the trust
  prior to the trust being established.
• Example
• Trust established on June 1st.
• Contribution to trust made on June 15th.
• Payment for current retiree benefits from the
  trust must be for the month of June only.

9
OPEB - Resources

• Information related to all aspects of OPEB can be
  found on the School Financial Services website in
  the link titled Benefit Trust Fund or directly
  at
• http//www.dpi.wi.gov/sfs/emp_benefit_trust_fund.
  html

10
SPECIAL EDUCATION
11
Special Education Account Coding

• Although all elements of an account code are
  important, the project code is critical in coding
  special ed expenses. The project code
  communicates
• the source of the funding (local, state, or
  federal dollars).
• aid status and payee if local dollars are used.
• the grant holder if grant funds are used.

12
Special Education Expense Coding
package programs only certain
expenses. See Special Ed link on website.
13
General Ledger Account Coding

• Detailed Project Numbers
• 011 Expense is locally funded and eligible for
  state special education categorical aid
• 019 Expense is locally funded and not eligible
  for state special education categorical aid.
• 340 (341, 347, etc) Expense is funded with the
  districts IDEA grants (The district files the
  claim directly with DPI and receives payments
  directly from DPI.)

14
General Ledger Account Coding

• Detailed Project Numbers
• 315 (state)/317 (federal) Expense is funded by
  either a state or federal grant that is
  administered by another school district.
• The other district files the claim with DPI,
  receives the payment from DPI, and transits the
  grant money to your district.

15
General Ledger Account Coding

• Detailed Project Numbers
• 515 (state)/517 (federal) Expense is funded by
  either a state or federal grant that is
  administered by CESA/CCDEB.
• CESA/CCDEB files the claim with DPI, receives the
  payment from DPI, and transits the grant money to
  your district.

16
General Ledger Account Coding

• Detailed Project Numbers
• 599 Expense is funded with a district grant
  other than an IDEA grant.
• The district files the claim directly with DPI
  and receives payments directly from DPI.
• An example of a grant reported in project code
  599 would be an AODA grant or a Drug Free Schools
  Grant.

17
General Ledger Account Coding

• Detailed Project Numbers
• 091 (CESA)/092 (CCDEB) Expense is funded with
  local money from a CESA or CCDEB.
• This type of arrangement is considered a package
  program, and the district is is considered a
  host district. The districts expenses are
  funded in full.
• Relatively few package programs exist in the
  State.

18
Special Education Account Coding

• A fund 27 matrix is available to assist districts
  with account coding.
• http//dpi.wi.gov/sfs/xls/fund_27_matrix.xls

19
State Spec Ed Aid Eligibility

• Eligible Expenses
• Salary Fringe Benefits for
• most special education teachers assistants
• speech/physical/occupational therapists
• psychologists, social workers, nurses, guidance
  counselors
• special education administrative staff
• special transportation

20
State Spec Ed Aid Eligibility

• Appropriate Licensure
• The staff member must hold the appropriate
  licensure for the function he/she is being
  charged to.
• http//dpi.wi.gov/sfs/doc/valid_code_se.doc

21
State Spec Ed Aid Eligibility

• Entities complete the PI 1202 fall staffing
  report identifying the staff member, FTE, and
  assignment (including function). This report is
  static and does not get updated during the year.
• Teacher licensing compares the staff assignment
  from the PI 1202 report against the staff
  members license.

22
State Spec Ed Aid Eligibility

• Auditors are required to identify the amount of
  salary and benefits paid for each staff member
  listed on the no valid license list.
• The identified salary and benefit amounts are
  withheld in the categorical aid calculation.
• Aid is withheld until the DPI special education
  licensing team approves the individuals license
  status.

23
State Spec Ed Aid Eligibility

• Appropriate Allocation
• Salaries and benefits of these professionals must
  be allocated between regular education (fund 10)
  and special education (fund 27) based on time
  and costs.
• psychologists
• social workers
• nurses (registered nurses, licensed by WI Dept of
  Regulation and Licensing)
• guidance counselors
• http//www.dpi.wi.gov/sfs/ltrjan12_06.html

24
State Spec Ed Aid Eligibility

• Auditors will verify that staff time/costs have
  been
• done on an annual basis for each individual staff
  member claimed
• documented for review by the entitys auditor and
  potentially DPI
• based on a method that is both rational and
  defensible.

25
State Spec Ed Aid Eligibility

• Auditors are required to identify the amount of
  salary and benefits paid for each staff member
  that has been inappropriately allocated.
• The identified salary and benefit amounts are
  withheld in the categorical aid calculation.
• Aid is withheld until the DPI pupil services team
  approves the individuals license status.

26
State Spec Ed Aid Eligibility

• STAY TUNED!!!
• A pending law will alter the process you use to
  allocate guidance, nurse, psychologist, and
  social work positions to fund 27.
• We will provide you detailed information as soon
  as we have it!

27
State Spec Ed Aid Eligibility

• Eligible Expenses
• Purchased Services (Directly Aidable)
• Occupational/Physical Therapy
• when paying an individual or entity that is not
  eligible for state categorical aid
• Homebound Travel
• Special Transportation
• Out of State Tuition (special approval required)

28
State Spec Ed Aid Eligibility

• Eligible Expenses
• Supplies
• Only supplies for the special transportation
  vehicle

29
State Spec Ed Aid Eligibility

• Eligible Expenses
• Equipment
• Only equipment for the special transportation
  vehicle
• Special permission is required to purchase a bus
  and apply for state special education aid.

30
State Spec Ed Aid Eligibility

• Eligible Expenses
• Insurance
• Property insurance for the special transportation
  vehicle
• Unemployment insurance for the cost of
  unemployment checks issued to former special
  education staff within one year IMMEDIATELY
  following termination

31
State Spec Ed Aid Eligibility

• Eligible Expenses
• Dues Fees
• Special Transportation - specifically any entry
  fees to activities for special education students
  on field trips
• http//dpi.wi.gov/sfs/doc/se_claim_directions.doc

32
Special Education Report

• Districts are required to complete 2 annual
  reports with fund 27 information.
• SAFR Annual report Summarized fund 27
• Special Education Annual Report Detailed fund
  27 (project numbers)
• THESE 2 REPORTS SHOULD MATCH!!!

33
Special Education Report

• Input Spec Ed Expenses
• Only those functions with the potential for
  aidable costs are entered in detail.
• If you have an expense that does not have a
  detail line, and the function begins with a 1,
  then report the expenses in function 199999.
• If you have an expense that does not have a
  detail line, and the function begins with a 2,
  then report the expenses in function 299999.

34
Special Education Report

• Input Spec Ed Expenses
• Although nurse and guidance salary/benefit
  expenses have the potential to be aidable, there
  is no detail line on the report for data entry.
• If you have aidable guidance and nurse expenses
  coded to project code 011 on your ledger, please
  enter these expenses in function 299999, project
  019.

35
Special Education Report

• Input selected revenue accounts
• Enter revenue for source 346 and 347
• These two revenue accounts are the only ones
  requested because they are used in the
  maintenance of effort calculation.

36
Special Education Report

• Identify entities to whom youve made grant
  payments
• Not only do you need to report the payment in the
  correct account number, you also need to identify
  who you paid and how much.

37
If you paid another entity using grant money, you
need to answer yes to this question!
38
If you paid another entity using grant funds,
then you need to identify the entity and how much
you paid them.
39
Special Education Report

• Identify any Deductible Receipts
• A deductible receipt is created when an entity
  incurs an aidable expense (coded to project 011)
  that is ultimately reimbursed by another entity
  with grant funds.
• Since DPI calculates aid based on expenses coded
  to project code 011, you need to tell me if some
  of those expenses have already been reimbursed by
  grant money.

40
If someone paid you for an expense that you
coded to project code 011, then you must answer
yes to this question.
41
Identify the deductible receipt amount in the
function the project code 011 expense was
initially charged.
42
Identify the entity that paid you using grant
funds as well as record the amount of their
payment that was for an expense coded to project
011. The dollar amount on this screen should
match the amount in the 27D function lines.
43
Special Education Report

• Just a reminder that the flat rate amount of an
  open enrollment tuition is not considered a
  deductible receipt. Any additional student
  specific open enrollment tuition may be a
  deductible receipt if the original expense was
  coded to project 011.

44
Special Education Report

• Report submittal involves sending an email to the
  department with a text file attached.
• If you need to report project code 011 guidance
  and nurse expenses, then additional information
  must be included in the body of the email.
  (wording is available on the web)
• http//www.dpi.wi.gov/sfs/se_report.html

45
Aid Calculation Payments

• Normal aid calculation involves

46
Aid Calculation/Payments

• Because payments start before data auditing is
  finished, aid eligibility and therefore aid
  payment amounts may constantly change.
• Districts can see aid payments, aid computations,
  and aid adjustments at the following link.
• http//www.dpi.wi.gov/sfs/sped_worksheets.html

47
Whats New on the Horizon?

• JASPER!!!!!!
• (Jewel for Special Education Reporting)
• We are planning to roll out a new on-line special
  education report beginning with the 2008-09
  budget!!!!!!!!!!!
• It will be what we consider Phase 1 of the
  entire special education redesign process.

48
DAYS HOURS OF INSTRUCTION
49
Days of Instruction

• Districts must schedule at least 180 days of
  instruction.
• A school day that contains fewer instructional
  hours than a full schedule is considered a school
  day however, only the hours of instruction
  provided may be counted towards meeting the hours
  requirement.

50
Days of Instruction

• Of the 180 days, 5 of these days may be used for
  parent-teacher conferences or for inclement
  weather.
• Districts cannot count as 2 days toward the 180
  day requirement a situation in which students
  attend school during the day with parent/teacher
  conferences in the evening. A 24 hour time period
  can only be counted once.

51
Days of Instruction Example

• The District schedules 178 days of actual
  instruction and 2 days of parent teacher
  conferences in lieu of 2 days of actual
  instruction.
• Does this meet the 180 day requirement?
• What happens if the district has 4 inclement
  weather days?
• The district will need to make up at least one
  day.

Yes
52
Days of Instruction Example

• The District schedules 179 days of actual
  instruction and 2 nights of parent teacher
  conferences after the school day ends.
• Does this meet the 180 day requirement?
• No. A day may only be counted once. The evening
  parent conferences are not counted towards
  meeting the 180 day requirement. They may
  however, be counted as a day for your local
  teacher contract purposes.

53
Hours of Instruction

• The district must schedule the following hours of
  instruction.
• 437 hours for kindergarten
• 437 hours 87.5 hours of outreach if intending
  to claim .6 FTE for membership purposes
• 1,050 hours for grades 1 6
• 1,137 hours for grades 7 - 12

54
(No Transcript)
55
Days/Hours of Instruction

• Days of instruction and hours of instruction are
  two separate standards that districts must meet.
• A district might meet the days of instruction
  standard, yet be short in meeting the hours of
  instruction standard.
• Many districts schedule the total required number
  of hours within 175 days of instruction.

56
SUMMER SCHOOL
57
Summer School

• Issues to think about when planning for summer
  school.
• Schedule classes with academic purpose.
• Asses appropriate fees.
• Verify summer school minute computations are
  correct.
• http//www.dpi.wi.gov/sfs/summ_sch.html

58
Summer School

• Auditors review summer school computations and
  fees if the district has a membership audit.
• Summer School findings are sent to DPI.
• DPI reviews both the class offerings as well as
  the associated fees.
• If findings can not be explained or resolved, the
  district may lose FTE for both revenue limit and
  equalization aid purposes.

59
WUFAR CHANGES
60
WUFAR Account Changes

• Required Object Codes
• 211 Retirement Employees Share
• 212 Retirement Employers Share
• 218 Contribution to EEee Benefit Trust
• 219 Other Employee Benefits
• Required Source Codes
• 951 District contribution to Trust
• 952 Plan member contribution to Trust

61
WUFAR Account Changes

• New Source Code
• 692 Aid for High Poverty School Districts
  (reported in source 619 in the budget report)
• Expanded Source Definition
• 699 Other State Revenue to include Project
  Lead the Way grants
• Full list of changes at http//www.dpi.wi.gov/sfs
  /wufar.html

62
Medicaid Auditing
63
Medicaid Auditing

• As directed by DHFS, Medicaid receipts will be
  audited for the first time beginning in 2007-08
  if
• the District already has a federal single audit
• the District receives over 100,000 in Medicaid
  receipts.
• Districts will need to have completed their PI
  1505 Special Education Annual Report for auditor
  fieldwork.

64
Medicaid Auditing

• After the initial audit, the Medicaid audit will
  take place every 3 years, assuming receipts
  remain over 100,000.
• Specific object codes are available via WUFAR to
  assist in accounting for Medicaid expenses. (See
  WUFAR Revision 9)
• http//www.dpi.wi.gov/sfs/wufar.html

65
Spring Finance Workshop

• Revenue Limits
• Equalization Aid
• Membership
• and more.

66
Revenue Limits

• Advanced Concepts
• Potential Pitfalls
• ..how can there be self-help groups?

67
Revenue Limits

• Section 1 Successfully Getting
• from One Year to the Next
• Section 2 Unintended Consequence
• of the Line 7 Hold Harmless
• Calculation
• Section 3 Using Line 7 in 5-Year Projections
• Section 4 Equalized Tax Rates,
• Assessed Tax Rates, and Assessment Ratios
• Section 5 Whats (New) On The Net?

68
Revenue Limits

• Section 1
• Successfully Getting
• from One Year to the Next

Recurring Exemptions Non-Recurring
Exemptions New-Year Base Carryover Underlevy
how these all work together
69
Revenue Limits

• Recurring Exemptions (Lines 8A-E) are
  base-building that is, if the district taxes
  for any of this additional authority, the levy
  amount is automatically included in the
  succeeding years base.
• Any unused Recurring authority is eligible
• for 100 carryover into the next year.
• Non-Recurring Exemptions (Lines 10A-C) are not
  base-building that is, if a district taxes for
  any of these exemptions, the amount is not
  included in the succeeding years base.
• Any unused Non-Recurring authority is not
  eligible for carryover in the next year
  districts have one, and only one opportunity to
  use Non-Recurring exemptions.

70
Revenue Limits
Recurring Exemptions Prior-Year
Carryover Transfer of Service Transfer of
Territory Federal Impact Aid Loss Recurring
Referenda to Exceed (if year 1 of authority)
Non-Recurring Exemptions Non-Recurring
Referenda to Exceed Declining Enrollment Other
71
Revenue Limits

• DPI is specifically directed to ensure
  non-recurring exemption authority is not included
  in the subsequent years base

Declining Enrollment Authority
121.91(4)(f)2 states Any additional revenue
received by a school district as a result of
subds. 1. and 1m. shall not be included in the
base for determining the school districts limit
under sub. (2m)(e) for the following school
year. 1. is the 100 declining enrollment
exemption for all districts. 1m. is the 100
declining enrollment exemption for both Shawano
and Gresham.
72
Revenue Limits
Non-Recurring Referendum

• 121.91(7) states
• If an excess revenue is approved under sub. (3)
  for a nonrecurring purpose, the excess revenue
  shall not be included in the base for determining
  the limit for the next school year for purposes
  of this section.

Line 7 Hold Harmless
121.91(8) states Any additional revenue
received by a school district as a result of this
subsection shall not be included in the base for
determining the school districts limit under
sub. (2m) for the following school year.
73
Revenue Limits

• Line 7 Hold Harmless Defined

Line 7 Line 5 multiplied by Line 6.
But, wait, 8,700 x 759 6,603,300 - NOT
6,627,600! A new provision in the 07-09
Biennial budget allows districts to use Line 1 if
Line 5 multiplied by Line 6 is less than the Line
1 amount. The extra amount of 24,300 is known as
the Line 7 Hold Harmless exemption. Its a
non-recurring exemption!
74
Revenue Limits

• So, how does this really work when districts can
  have any combination of recurring and
  non-recurring exemptions, Line 7 hold harmless,
  plus an underlevy?
• Whats in the base in the next year?
• Whats the carryover?
• The answers might change
• the fiscal decisions you make!

.lets look at a number of examples.
75

1 - Recurring Exemptions, Levied to Max
2007-08
2008-09
Recurring Referendum
Prior Year Aid plus Levies (no backouts)
Aid Levy
Transfer of Service
Inflationary Increase
Base
Base
10,000,000
10,000,000
This district used all of its authority and has
no carryover authority in 08-09, Line 8A.
76

2 - Recurring Exemptions, Under-levy
2007-08
2008-09
10,000,000
800,000
Recurring Referendum
Prior Year Aid plus Levies (no backouts)
Transfer of Service
Inflationary Increase
Aid Levy
Base
Base
Underlevied by 200,000
This district will have 200,000 of carryover
authority in 2008-09 in Line 8A.
77

3 - Non-Recurring Exemptions, Levied to Max
2007-08
2008-09
Decl Enroll - 150,000
Inflationary Increase
Prior Year Aid plus Levies minus 150,000
Aid Levy
Base
Base
This district will have no carryover authority in
2008-09 in Line 8A.
78

4 - Line 7 Hold Harmless (non-recurring),
Levied to Max
2007-08
2008-09
Line 7 - 46,000
Inflationary Increase
Prior Year Aid plus Levies minus 46,000
Aid Levy
Base
Base
This district will have no carryover authority in
2008-09 in Line 8A.
79

5 - Line 7 Hold Harmless (non-recurring),
Recurring, Under-levy
2007-08
2008-09
Line 7 - 46,000
Transfer of Service
Prior Year Aid plus Levies minus 36,000
Low Revenue Increase
Inflationary Increase
Aid Levy
Base
Base
Underlevied by 10,000
This district will have no carryover authority in
2008-09 in Line 8A.
80

6 - Line 7 Hold Harmless (non-recurring),
Recurring, Under-levy
2007-08
2008-09
Line 7 - 46,000
Transfer of Service
Prior Year Aid plus Levies (no backout)
Inflationary Increase
Aid Levy
Base
Base
Underlevied by 56,000
This district will have 10,000 in carryover
authority in 2008-09 in Line 8A.
81

7 - Line 7 Hold Harmless (non-recurring),
Recurring, Non-Recurring Under-levy
2007-08
2008-09
43,955
Decl Enroll - 168,030
Line 7 - 40,722
Rec Ref - 252,707
Prior Year Aid Levies
Aid Levy
Inflationary Increase
Base
Base
Underlevied by 252,707
Plus, this district will have 43,955 of
carryover authority in 2008-09 in Line 8A.
82
Revenue Limits (repeated slide)

• Recurring Exemptions (Lines 8A-E) are
  base-building that is, if the district taxes
  for any of this additional authority, the levy
  amount is automatically included in the
  succeeding years base.
• Any unused Recurring authority is eligible
• for 100 carryover into the next year.
• Non-Recurring Exemptions (Lines 10A-C) are not
  base-building that is, if a district taxes for
  any of these exemptions, the amount is not
  included in the succeeding years base.
• Any unused Non-Recurring authority is not
  eligible for carryover in the next year
  districts have one, and only one opportunity to
  use Non-Recurring exemptions.

83
Revenue Limits

• Section 2
• Unintended Consequence
• of the Line 7 Hold Harmless
• Calculation

84
Revenue Limits

• Prior to the implementation of the new
• Line 7 Hold Harmless provision in 07-08,
• if a district was in declining enrollment, and a
  
• membership revision AFTER setting the levy
• increased a districts Current 3-Year Average
• - Line 7 would increase accordingly.
• - The declining enrollment exemption would
  decrease.
• - Because of the 75 declining enrollment
  exemption, the district may end up underlevying
  as a result. (and have no carryover from the
  declining enrollment exemption)

85
Revenue Limits (06-07 and previous)
Increase in Membership
Decrease in Membership

Line 1 Line 6 Line 7 Line 10B Line 11
4,961,897 499 (512,502,485) 4,974,070 99,481
5,143,401
Line 1 Line 6 Line 7 Line 10B Line 11
4,961,897 499 (512,502,483) 4,964,122 99,481
5,143,401
500
498
481
485
4,954,174
4,974,070
109,430
89,533
SAME
5,143,402
86
Revenue Limits (beginning with 07-08)
Increase in Membership
Decrease in Membership

Line 1 Line 6 Line 7 Line 10B Line 11
5,043,920 483 (502,483,465) 5,043,920 165,95
5 5,208,467
Line 1 Line 6 Line 7 Line 10B Line 11
5,043,920 483 (502,483,465) 5,043,920 165,95
5 5,208,467
484
482
462
466
176,327
155,583
5,218,839
5,198,095
87
Revenue Limits

• Section 3
• Using Line 7
• in 5-Year Projections

88
Revenue Limits
89
Revenue Limits

• Section 4
• Equalized Tax Rates,
• Assessed Tax Rates,
• and Assessment Ratios

90
Revenue Limits

• Taxpayer (angrily) My property assessment did
  not change from last year, and I remember you
  telling us that the schools levy rate decreased.
  How could my taxes have gone up?

Hint The answer is NOT that that the other
taxing units increased their levies. (It could
be, but in this case, its not.)
91
Revenue Limits
2006 Taxes
2007 Taxes
92
Revenue Limits

• Section 5
• Whats (New) On The Net?

http//dpi.wi.gov/sfs/index.html
SFS Homepage gt District Budget Dev Planning gt
Revenue Limit gt 7-Year Revenue Limit Survey
SFS Homepage gt District Budget Dev Planning gt
Revenue Limit gt 07-08 Revenue Limit Authority
Sources
93
Equalization Aid

• Advanced Concepts
• Potential Pitfalls

94
Equalization Aid
Marginal Cost Sharing at 3rd Tiervs. Overall
Cost Sharing
95
Equalization Aid vs. Levy Credit

• Tax-relief programs can either
• - provide relief by focusing on holding down
  levies (relief is pre-levy).
• (Equalization Aid)
• - provide relief directly to taxpayers by
  reducing the amount owed on their property tax
  bills (relief is post-levy or below-the line).
• (Levy Credit)

96
Equalization Aid vs. Levy Credit




97
Equalization Aid vs. Levy Credit

• Either way, its State money that alleviates the
  taxpayers bottom line tax burden.
• .but, the distribution methodology
• between the 2 is different,
• so a taxpayer in any single district
• can experience a different effect,
• depending on the path
• the State uses to distribute the money.

98
Equalization Aid vs. Levy Credit

• Equalization Aid is distributed to districts
• in inverse proportion
• to the districts value per member.
• The poorer the district,
• the greater the amount
• of Equalization Aid received
• and the richer the district,
• the lesser amount
• of Equalization Aid received.

99
Equalization Aid vs. Levy Credit

• School Levy Tax Credit is allocated to
• municipalities based on their proportionate
  share of
• statewide school levies during the previous 3
  years.
• So, the larger the levy,
• the greater the amount
• of School Levy Tax Credit received
• and the smaller the levy,
• the lesser amount
• of School Levy Tax Credit received.

100
Membership Other Topics

• Advanced Concepts
• Potential Pitfalls

101
Membership

• Present The pupil is in attendance for
  instruction on the count date.
• Absent The pupil is absent for instruction on
  the count date. If any pupils are absent on the
  count date, they can still be counted if they
  have attended at least one day during the school
  year prior to the count date, at least one day
  during the school year after the count date, and
  have remained a resident of the district during
  the period of absence. Students reported in the
  "absent" column must have returned to school in
  order to be included in the PI 1563 Pupil Count
  Report. If the student returns after the initial
  submission of the report, the report should be
  amended to include the student in the pupil
  count.

102
Membership
Remember to convert to FTE !!!!!!!

X .5 2.5 X .6 19.80 X .5 .5 X 1 37 X 1
561
3 20 37.538 561
TOTAL
622
103
Membership
The dreaded edit
What Does This Really Mean?
Review Your Answers gt Summary of 4 YK
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STEP 1
(in seats)

STEP 2
(subtract non-residents)
STEP 3
(subtract ineligible residents)
STEP 4
(add residents)
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Open Enrollment Verification
In mid-March, open enrollment verification lists
were sent to all districts. (..lists of kids
names and whether they are an open enrolled
in/out of your district)
Carefully review all names, determining each
childs status i.e. are they still
enrolled/attending where the list
indicates?....did they move? When? Where?
Communicate with surrounding districts to
determine each childs status.
Your final aid payments for 07-08 will be
monetarily adjusted based on the open enrollment
child numbers.
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Tax Incremental Financing

• Each spring, municipalities consider adding a
  TIF district, and districts ask about the effect
  of a TIF district on state aid.
• The answer is not much, if any,
• until the TIF district is ended.

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Tax Incremental Financing

• The aid calculation uses the TIF-Out equalized
  value of a district to determine its aid
  eligibility.
• The value of the TIF district (for aid purposes)
  remains the same as the day the TIF was created.
• Because the increasing value of the TIF district
  is not included in the equalized value, school
  district aid is not affected by the increasing
  value of the TIF district.

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Tax Incremental Financing

• When the TIF district dissolves after 20 years,
  the districts equalized value reflects the
  increased value of the TIF district, and its aid
  is then affected.
• Many times, the TIF district will generate more
  money than is necessary to pay off the initial
  loan.
• That money is then distributed to the underlying
  taxing districts in the form of a TIF closeout,
  is outside the revenue limits and is treated
  similar to a tax levy in the aid formula.

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Questions?

• Visit our web site
• http//dpi.wi.gov/sfs/index.html

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Or call

• Brad Adams, Consultant, 267-3752
• Lori Ames, Consultant, 266-3464
• Karen Kucharz, Consultant, 267-9707
• Jerry Landmark, Assistant Dir., 267-9209
• Gene Fornecker, Auditor, 267-7882
• Natalie Rew, Auditor, 267-9212
• Kathryn Guralski, Auditor, 266-3862
• David Carlson, Director, 266-6968