state equalization general aid erin fath assistant director dpi school financial services team...
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Equalization & General Aid 3 Why do you need to know how to calculate Equalization/General Aid when DPI calculates it for you? Because you will be asked by your board members, your community and the media. So you can better understand AND explain why your aid has changed. Because you may want to do your own analysis and run “what if” scenarios …TRANSCRIPT
STATE EQUALIZATION &
GENERAL AIDERIN FATH – ASSISTANT DIRECTOR
DPI SCHOOL FINANCIAL SERVICES TEAM
AUGUST 14, 2013
WASBO New School Administrators and Business
Support Staff Conference
Equalization & General Aid2
So … you’ve just learned about Revenue Limits and that the amount of Equalization / General Aid your district receives will impact the levy your district can set.
During this presentation, you will:1. Learn how Equalization/General aids are calculated
(including the resources on the DPI web site).
2. Have the opportunity to ask questions to further your understanding of equalization/general aid (and revenue limits/levy).
3. See how your district’s aid amount figures into the revenue limit worksheet to produce your district’s levy each year.
Equalization & General Aid3
Why do you need to know how to calculate Equalization/General Aid when
DPI calculates it for you?
Because you will be asked by your board members, your community and the media.
So you can better understand AND explain why your aid has changed.
Because you may want to do your own analysis and run “what if” scenarios …
4
Knowing where your district is in the formula will help you better explain how changes in local finances might affect your state aid.
What if we
over/under
spend our
budget? How
does that affect
our aid?
If we go to referendum, how will our aid change?
Equalization & General Aid
Handouts5
District Specific Data
1. July 1 Estimate of 2013-14 Equalization Aid (“General Aid Worksheet”)
2. Percentage Method Aid Computation: Bar Graph3. Positioning on the Equalization Aid Graph4. Longitudinal Analysis of Equalization/General
Aid
Equalization & General Aid6
Under Article 10 of WI State Constitution the State Legislature is responsible for
establishing school districts, which are to be:
“as uniform as practicable……”
“free and without charge to tuition to all children”
How does the State of Wisconsin achieve this?
Equalization & General Aid7
The State provides financial assistance to school districts in order to:
1. To reduce the reliance upon the local property tax as a source of revenue for educational programs.
2. To guarantee that a basic educational opportunity is available to all pupils regardless of the local fiscal capacity of the district in which the reside.
A student should not be unfairly disadvantaged as a result of where he or she lives
Equalization & General Aid8
Three types of aid that the State provides to districts:1. Unrestricted “General Aid”:
a. Distributed primarily by formula on the basis of relative fiscal capacity of each school district – this is Equalization Aid.
b. Also includes “Special Adjustment Aid” and “Integration Aid”
c. High Poverty Aid is funded from a separate appropriation, but treated like General Aid for revenue limit & spending purposes.
2. Categorical aids – targeted purpose3. School levy tax credit –reduces property tax bills.
This presentation will discuss just General Aids, with a primary focus on Equalization & Special
Adjustment Aids.
Why Equalization Aid?
One of the primary funding mechanisms for public K-12 education in Wisconsin is the local property tax, but ….
Property values vary greatly from district to district
9
Property Value per Member10
< 200k
200k 300k 400k 500k 600k 700k 800k 900k 1 M 1.1 M1.2 M1.3 M1.4 M1.5 M1.6 M1.7 M1.8 M1.9 M +
0
10
20
30
40
50
60
70
80
90
100
District Equalized Value per MemberAdjusted for District Type (K-12, K-8 or UHS)
Num
ber
of D
istr
icts
51% of districts w/ Equal. Value / Member <$500k
2013 Certified Values, DOR
Why Equalization Aid?11
How, then, to establish funding for schools that provides “equal opportunity,” and is “uniform as practicable”?
The fundamental purpose of the Equalization Aid formula is to “level the playing field” by providing assistance (distributing aid) to poorer districts to make up for what they can’t get from their property tax base.
Why Equalization Aid?12
200,000 300,000 400,000 500,000 750,000 1,000,000 2,000,000 3,000,000
Property Value Per Member
Orange: Property Tax
Because property values vary so greatly across the state, the resources districts can raise from just their tax base also vary.
Why Equalization Aid?13
200,000 300,000 400,000 500,000 750,000 1,000,000 2,000,000 3,000,000
Property Value Per Member
Green: State Equalization AidOrange: Property Tax
Districts with less property value per member are aided at a higher proportion than districts with higher values per
member
Equalization Aid – General Concept14
State “shares” in district cost
Aid is based on a district’s ability to pay, as measured by its property wealth per member
The formula operates under the principle of equal tax rate for equal per pupil expenditures – levels the playing field by providing more aid to districts with fewer resources (property value)
Analogy: Needs-Based College Scholarship
State “shares” in district cost, just as the College shares in the student’s costs (tuition/books/housing)
Aid is based on ability to pay (measured by districts’ property value per member) just as the scholarship is based on need … ability to pay (measured by student’s financial resources)
State aid attempts to level the playing field for districts just as a needs based scholarship attempts to level the playing field for individual students
15
Equalization Aid16
“State Factors” The total amount of money allocated for general
aid Cost ceilings State property value guarantee levels
What are the factors that affect aid? “District Factors” The number of pupils (membership) in your district Your district’s shared (aidable) costs Property values in your district
District Factors17
1. Pupils – Membership 2. Shared Costs3. Property Tax Base – Wealth
* * *All Prior-Year Data
(2012-13 data is used for 2013-14 aid.)
* * *Equalization Aid is a cost-reimbursement formula
District Factor #1 – Membership (prior year)
18
Average of:3rd Friday in September (FTE)* and
2nd Friday in January (FTE)*plus (+) Summer School (FTE )
Includes Foster Care/Part-Time/YCA pupils (as applicable)
FTE = full-time equivalent:2 halftime (.50) K students = 1 FTE
Summer School = 48,600 minutes = 1 FTE
2013-14 aid based on membership derived from:Summer 2012* FTE, September 2012 & January 2013
*NOTE that summer starts the school year for membership data purposes
District Factor #2 – Shared Costs (prior year)
19
Total General Fund (Fund 10) Expenditures
plus (+)
Total Debt Service Funds (Funds 38 & 39) Expenditures
minus (-)
All categorical aid, grant revenue, local misc revenue
equals (=)Shared Cost (a.k.a. “Aidable Costs”) – these are the costs in which the state shares with the district via
equalization aid
District Factor #3 – Wealth (prior year)20
Property Tax base is used to determine wealth and ability to support district expenditures
This measure of district wealth uses equalized valuation (fair market value), NOT assessed value
Equalized property values are calculated by and provided to DPI by the Department of Revenue.
Timing: DOR assessments on Jan 1, 2012 became “final” in May 2013 – we use these “May values” for the 2013-14 aid calculation.
District Factor #3 – Value Per Member
21
Crucial Statistic:
District “wealth” Value per Member =
Total Equalized Value ÷ MembershipDistrict A: $400,000,000 ÷ 800 = $500,000
District B: $400,000,000 ÷ 1,000 = $400,000
District B would have a higher proportion of it’s shared costs aided, per member, than district A, because of its
lower value per member.
District Factors/Equalization Aid22
VERY IMPORTANT: The equalization aid formula is driven by the
relationship between an individual district’s factors and state averages (costs & property values).
Because changes in other districts’ factors will affect state averages, it is not simply the factors in your district that affect the amount of aid that your district will receive.
Let’s look at the State factors …
State Factors23
1. Total amount appropriated for aid
2. Costs Ceilings
3. Property Value Guarantees
State Factor #1 – Aid Appropriation24
The amount of dollars appropriated by the State Legislature & approved by the Governor for use as
general aids to schools.Aid Year General Aid
(Billions)% Change from
Prior Year2001-02 $4.052 2002-03 $4.201 3.7%2003-04 $4.273 1.7%2004-05 $4.318 1.0%2005-06 $4.614 6.9%2006-07 $4.723 2.4%2007-08 $4.723 0.0%2008-09 $4.800 1.6%2009-10 $4.653 -3.1%2010-11 $4.653 0.0%2011-12 $4.262 -8.4%2012-13 $4.294 0.7%2013-14 $4.341 1.1%2014-15 $4.416 1.7%
State Factor #1 – Aid Appropriation25
The change in the State’s appropriation for General Aid does NOT EQUAL the change in your district’s general aid payment. Rather, your district’s General Aid amount will depend on:
Your district’s prior-year Shared Costs per Member, and how those costs break out into the Secondary and Tertiary level costs
Your district’s Equalized Value per Member, and how it compares to the Primary, Secondary and Tertiary Guarantee Values
*Other Factors: Special Adjustment and Chapter 220 Integration Aid eligibility; reductions for the Independent Charter schools; prior year adjustments.
State Factor #2 – Costs Ceilings26
Equalization Aid is calculated at three levels – the line between those levels are called “cost
ceilings”:
*Not all districts have shared costs at the tertiary level.
PRIMARY COST CEILING: $1,000 per member, set in statute
PRIMARAY COSTS: the first $1,000 in per-member shared costs x total membership
SECONDARY COST CEILING: 90% of the statewide average shared costs per member (statute); July 1st aid est: $9,261
SECONDARY COSTS: shared costs per member between $1,000 and the secondary cost ceiling x total membership
There is no ceiling on the total amount of shared costs that are aidable.
TERTIARY COSTS *: shared costs per member above the secondary cost ceiling x total membership
State Factor #2 – Costs Ceilings27
Example District: Shared Costs per Member = $10,000
$1,000 (Primary Cost Ceiling)
$9,261 (Secondary Cost Ceiling)
State Factor #3 – Guarantee Levels28
Within each level, the proportion of shared costs that are aided by the state is based on a district’s property
value per member (“wealth”) compared to state determined levels*:
PRIMARY GUARANTEE$1,930,000, set in statute
SECONDARY GUARANTEEThis value “floats” such that the
general aid appropriation is fully expendedJuly 1st aid estimate for 2013-14: $ 1,049,683
TERTIARY GUARANTEE100% of the statewide average property value per pupil
(formula set in statute)July 1st aid estimate for 2013-14: $536,510
*These are the guarantee levels for K-12 districts; guarantees levels are adjusted for K-8 and UHS districts.
Remember the Scholarship Analogy?29
The scholarship example we used as an analogy still works, but we do it three times to determine each district’s aid:
1. PRIMARY AID – the state’s share of the first $1,000 of shared cost.
2. SECONDARY AID – the state’s share of the district’s shared cost over $1,000 up to the secondary ceiling (est. $9,261).
3. TERTIARY AID – the state’s share of cost over the secondary ceiling.
Putting it all Together30
LEVELDist Val / Member
Guar Val / Member Dist Share
State Share
Cost Ceiling
Aid / Member
PRIMARY $500,000 $1,930,000 25.91% 74.09% $1,000 $741
SECONDARY $500,000 $1,049,683 47.63% 52.37% $8,261 $4,326
TERTIARY $500,000 $536,510 93.19% 6.81% $739 $50
TOTAL AID PER MEMBER 51.17% $10,000 $5,117
Example District:Shared Costs per Member = $10,000Value per Member = $500,000Cost Ceilings and Guarantee Values = July 1st aid estimate
values
Putting it all Together31
Example District: Shared Costs per Member = $10,000
$1,000 (Primary Cost Ceiling)
$9,261 (Secondary Cost Ceiling)
Local (prop tax)
State (Equal Aid)
TOTAL
Putting it all Together32
What happens when a district’s value/member exceeds the guaranteed
value per member?NEGATIVE AID
July 1st Aid Estimate: 184 districts are negatively aided at the tertiary level because their property value/member is greater than the tertiary guarantee. Of these districts:
43 Districts received just Primary Aid; and 20 districts receive no Equalization Aid (i.e., do
not qualify for even Primary Aid). [All but 2 of those districts qualify for Special Adjustment Aid – more in later slide].
Negative Aid33
NEGATIVE TERTIARY AID• Occurs when:
District has costs at the Tertiary LevelDistrict has Equalized Value/Member > TGVNegative aid reduces the district’s aid at the
secondary levelBut the district’s Equalization Aid can not
go below the amount of Primary Aid generated by the formula – this is the “Primary Guarantee”
Negative Tertiary Aid34
District’s value per member is greater than the Tertiary Guarantee
District has costs at the tertiary levelNegative Tertiary Aid reduces the amount of aid at the
Secondary Level
District Value per Member: 750,000
LEVEL Guar Val/Mem Dist Share State Share Cost Ceiling Total Aid
PRIMARY $1,930,000 38.86% 61.14% $1,000 $611
SECONDARY $1,049,683 71.45% 28.55% $8,261 $2,359
TERTIARY $536,510 139.79% -39.79% $739 -$294
TOTAL EQUALIZATION AID: 26.76% $10,000 $2,676
Negative Tertiary Aid35
Example District: Shared Costs per Member = $10,000
$1,000 (Primary Cost Ceiling)
$9,261 (Secondary Cost Ceiling)
Local (prop tax)
State (Equal Aid)
TOTAL
Negative Aid – Primary Aid Only (1)36
District’s value per member is greater than the Tertiary Guarantee
District has costs at the tertiary levelA district is always eligible for at least the Primary Aid
generated by the formulaDistrict Value per Member: 1,035,000
LEVEL Guar Val/Mem Dist Share State Share Cost Ceiling Total Aid
PRIMARY $1,930,000 53.63% 46.37% $1,000 $464SECONDARY $1,049,683 98.60% 1.40% $8,261 $116TERTIARY $536,510 192.91% -92.91% $739 -$687
Sum of aid at each level -$107
TOTAL EQUALIZATION AID: 4.56% $10,000 $456
Negative Aid – Primary Aid (1)37
Example District: Shared Costs per Member = $10,000
$1,000 (Primary Cost Ceiling)
$9,261 (Secondary Cost Ceiling)
Local (prop tax)
State (Equal Aid)
TOTAL
Negative Aid – Primary Aid (2)38
District’s value per member is greater than the Secondary Guarantee
District has costs at the tertiary levelA district is always eligible for at least the Primary Aid
generated by the formulaDistrict Value per Member: 1,500,000
LEVEL Guar Val/Mem Dist Share State Share Cost Ceiling Total Aid
PRIMARY $1,930,000 77.72% 22.28% $1,000 $223
SECONDARY $1,049,683 142.90% -42.90% $8,261 -$3,544
TERTIARY $536,510 279.58% -179.58% $739 -$1,327
Sum of aid at each level -$4,648
TOTAL EQUALIZATION AID: 2.23% $10,000 $223
Negative Aid – Primary Aid (2)39
Example District: Shared Costs per Member = $10,000
$1,000 (Primary Cost Ceiling)
$9,261 (Secondary Cost Ceiling)
Local (prop tax)
State (Equal Aid)
TOTAL
Negative Aid – Primary Aid (3)40
District’s value per member is greater than the Secondary Guarantee
District has NO costs at the tertiary level:Shared Cost/Member = $9,000
A district is always eligible for at least the Primary Aid generated by the formulaDistrict Value per Member: 1,500,000
LEVEL Guar Val/Mem Dist Share State Share Cost Ceiling Total Aid
PRIMARY $1,930,000 77.72% 22.28% $1,000 $223
SECONDARY $1,049,683 142.90% -42.90% $8,000 -$3,432
TERTIARY $536,510 279.58% -179.58% $0 -$0
Sum of aid at each level -$3,209
TOTAL EQUALIZATION AID: 2.23% $9,000 $223
Negative Aid – Primary Aid (2)41
Example District: Shared Costs per Member = $9,000
$1,000 (Primary Cost Ceiling)
$9,261 (Secondary Cost Ceiling)
Local (prop tax)
State (Equal Aid)
TOTAL
No Equalization Aid42
District’s value per member is greater than the Primary Guarantee
District has costs at the tertiary levelA district would be eligible for Special Adjustment Aid, if
they received any General Aid in the prior yearDistrict Value per Member: 2,000,000
LEVEL Guar Val/Mem Dist Share State Share Cost Ceiling Total Aid
PRIMARY $1,930,000 103.63% -3.63% $1,000 -$36
SECONDARY $1,049,683 190.53% -90.53% $8,261 -$7,479
TERTIARY $536,510 372.78% -272.78% $739 -$2,016
Sum of aid at each level -$9,531
TOTAL EQUALIZATION AID: 0.00% $10,000 0
43
Know Your District’s Position in the Aid Formula
If a districts is positively aided at the Tertiary Level, an increase in shared costs will increase aid at the tertiary level – more shared costs to be aided*
If a district is negatively aided a the Tertiary Level, an increase in shared costs will decrease aid at the tertiary level – more shared costs to be negatively aided*
*Relative to the aid it otherwise would have received (i.e., all other things being equal).
Conceptualizing the Equalization Aid Formula
44
This chart is available on the DPI website at: http://sfs.dpi.wi.gov/sfs_aid_grid
Equalized Value Per Pupil (July 1st, 2013 Estimate)
Cost Ceilings (July 1st, 2013 est)
Up to $536,510 per pupil
Above $555,348 up to $1,049,683
Above $1,049,683 up to $1,930,000
Above $1,930,000 per pupil
Primary Level: Up to $1,000 per Pupil Positive Aid Positive Aid Positive Aid Zero Aid*
Secondary Level: Above $1,000 up to
$9,261 per PupilPositive Aid Positive Aid Negative Aid Negative Aid
Tertiary Level: Over $9,261 per Pupil Positive Aid Negative Aid Negative Aid Negative Aid
*May be eligible for special adjustment aid if any general aid was received in prior year.
Equalization Aid45
Regardless of what is happening at the state level with funding, your district’s general aid is a function of:
Your district’s “factors”The relationship between your
district’s factors and the statewide averages, which are affected by ….
Every other districts’ factors
Equalization Aid is part of “General Aid”
Type of Aid# of
Districts Receiving
*
13-14 Aid [July 1st Est.](Prior to Choice/Charter deductions)
% of General Aid
Appropriation
Equalization 404 $4,246,601,708 97.8%
Special Adjustment 77 $26,038,485 0.6%
Inter-District 23 $23,209,898 0.5%
Intra-District 4 $45,742,020 1.1%
Total General Aid 422 $4,341,592,111 100.0%
NO GENERAL AID 2
*Aid types are not mutually exclusive, so numbers will not add to the 424 total districts in Wisconsin. *In the July 1st Aid estimate: 345 districts received Equalization Aid but no Special Adjustment Aid; 18 districts received Special Adjustment Aid only; and 59 districts received both. All districts that receive Inter- and Intra-District aid also received Equalization Aid.
46
All four General Aid types are used for the Revenue Limit computation
(though most districts receive only Equalization Aid)
Special Adjustment Aid47
To ensure that districts don’t see a dramatic drop in aid amounts from year to year, the aid formula includes “Special Adjustment Aid.”
Sometimes called “hold harmless aid”
Equal to 85% of the gross general aid (equalization + special adjustment + Inter/Intra District aids) for which the district was eligible in the previous year*
Acts as a parachute for districts with declining aid (often result of rapidly declining enrollment).
Very property wealthy districts may be “out of the aid formula” but continue to receive Special Adjustment Aid for years.
*Less any prior year Revenue Limit Penalty (because that amount was deducted from the district’s prior year general aid payment)
From Gross Aid Eligibility to Actual Aid Payment
48
Reductions/adjustments to general aid eligibility:1. Independent (“2r”) Charter Schools: cost is spread over all
districts via an equal % reduction to gross general aid (equalization/special adjust/inter/intra aids)
July 1st aid estimate for 2013-14 aid: -1.479% May change in the October 15th aid certification (small
change)
2. Prior Year (“October to June”) adjustment: the difference in general aid amounts calculated between the October 15th aid certification and the final aid run of the prior year (+ or – value)
3. Parental Choice Program: reduction in aid to partially offset the cost of the program – but affects Milwaukee only
Equalization Aid Takeaways
1. One pot of money is split over 424 school districts based on district membership, shared costs and values; changes in individual district data affect every other district’s aid.
2. Aid Membership = average of September + January FTE, plus 100% of Summer FTE. This is different from Revenue Limit Membership.
3. Depending on district value per member, some districts increase their aid by increasing expenses, while others decrease their aid by increasing expenses (negative vs. positive tertiary aid).
4. Special Adjustment Aid ensures that districts receive at least 85% of the [gross] general aid awarded the prior year.
5. Reductions for the Independent Charter schools & prior year aid adjustments impact the actual aid payment.
6. Be aware of what is happening to your district over time …
49
GENERAL AID AND THE LEVY50
You know your district’s general aid estimate for the 2013-14 year – now
what?
The amount of General Aid (and High Poverty Aid, if applicable) has a direct
impact on the allowable controlled levy.
SETTING THE LEVY51
A district’s maximum controlled levy is, in effect, determined by State Law:
• Revenue Limit Calculation (including exemptions, e.g., referenda, declining enrollment, energy efficiency)
• Equalization / General Aid Formula & High Poverty Aid
11. 2012-13 Revenue Limit With All Exemptions (Ln 9 + Ln 10) 10,000,00012. Total Aid to be Used in Computation (12A + 12B) 5,050,000
A.July 1 2012-13 General Aid ESTIMATE 5,000,000 B.State Aid to High Poverty Districts (not all districts) Source 628 50,000
REMEMBER TO USE OCT 15 CERT WHEN SETTING THE LEVY. 13. Allowable Limited Revenue: (Line 11 - Line 12) 4,950,000
(10, 38, 41 Levies + Src 691. Src 691 is DOR Computer Aid.)
SETTING THE LEVY52
A district’s actual levy involves decisions by the Board:• Fully utilize the allowable revenue authority?• Levy outside the revenue limit? (e.g., Fund 80)
14. Total Limited Revenue To Be Used (A+B+C) Not >line 13 4,950,000
Entries Required Below: Amounts Needed by Purpose and Fund:
A.Gen Operations: Fnd 10 including Src 211 & Src 691 4,900,000 (Proposed Fund 10)B.Non-Referendum Debt (inside limit) Fnd 38 Src 210 50,000 (to Budget Rpt)C.Capital Exp, Annual Meeting Approved: Fnd 41 Src 210 0 (to Budget Rpt)
15. Total Revenue from Other Levies (A+B+C+D): 100,000A.Referendum Approved Debt (Non Fund 38 Debt-Src 210) Entry RequiredB.Community Services (Fnd 80 Src 210) 100,000 (to Budget Rpt)C.Prior Year Levy Chargeback (Src 212) (to Budget Rpt)D.Other Levy Revenue - Milwaukee & Kenosha Only (to Budget Rpt)
16. Total Levy + Src 691, "Proposed Levy" (Ln 14 + Ln 15) 5,050,00017. Est Src 691 (Comp Aid) Based on Ln 16 & Values Entered (to Budget Rpt) 7,50018. Fnd 10 Src 211 (Ln 14A-Ln 17), 2012-13 Budget 4,892,500 Line 18 (not 14A) is the Fund 10 Levy certified by the Board. 19. Total Fall, 2012 All Fund Tax Levy (14B + 14C + 15 + 18) 5,042,500 Line 19 is the total levy to be apportioned in the PI-401. Levy Rate =
Equalization Aid – Explaining Changes Over Time
53
How can I explain changes in my district’s aid?
10-Year Longitudinal Analysis of General and Equalization Aid Formula Components
http://sfs.dpi.wi.gov/sfs_buddev_eq
“Longitudinal Data – Equalization Aid”See “Explaining General Aid (including Equalization Aid)
Changes”
10 Year Longitudinal Analysis54
2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14$0
$100,000
$200,000
$300,000
$400,000
$500,000
$600,000
$700,000
♦ District ■ State Ave District Value per Member Compared to the State Average
10 Year Longitudinal Analysis55
2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14$2,000
$3,000
$4,000
$5,000
$6,000
$7,000
$8,000
$9,000
$10,000
$11,000
♦ District ■ State Ave
District Shared Cost Per Member Compared to Secondary Ceiling
10 Year Longitudinal Analysis56
2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-1414,000
14,100
14,200
14,300
14,400
14,500
14,600
14,700
14,800
14,900
Aid Membership
10 Year Longitudinal Analysis57
2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14$65,000,000
$70,000,000
$75,000,000
$80,000,000
$85,000,000
$90,000,000
General Aid(includes Equalization Aid)
Understanding & Explaining Equalization Aid
58
More analytical tools
http://www.dpi.wi.gov/sfs/buddev_eq.html
“Understanding and Explaining Equalization Aid”
October 15, 2012 Equalization Aid Computation – Percentage Method - Algebraic Format
October 15, 2012 Equalization Aid Computation – Percentage Method - Bar Graphs
October 15, 2012 Aid Formula Position K-8 October 15, 2012 Aid Formula Position UHS October 15, 2012 Aid Formula Position K-12
Understanding & Explaining Equalization Aid
59
More analytical toolsIn addition to the “production” worksheets on our website, DPI has available blank executable worksheets:
General Aid Worksheet Equalization Aid – Algebraic Method Special Adjustment Aid Shared Costs, Membership Revenue Limits
http://sfs.dpi.wi.gov/sfs_workexe
From the School Financial Services Homepage left-hand side, grey scan bar Worksheets DPI Executable Worksheets
Or call (all 608 area codes):
60
• Bob Soldner, Director ………………………..
266-6968 • Erin Fath, Assistant Dir ……………………..
267-9209• Brad Adams, Consultant ……………………
267-3752 • Bruce Anderson, Consultant ..…………….
267-9707• Dan Bush, Consultant (Spec Ed) .………..
267-9212• Gene Fornecker, Auditor …………………..
267-7882• Brian Kahl, Auditor ……………………………
266-3862• Michele Tessner, Auditor …………..……….
267-9218
Questions?Visit our web site:
http://sfs.dpi.wi.gov/