121.06 Determination and certification of equalized valuation.
(1) Annually on or before October 1, the full value of the taxable property in each part of each city, village and town in each school district shall be determined by the department of revenue according to its best judgment from all sources of information available to it and shall be certified by the department of revenue to the state superintendent.
(2) The state superintendent shall certify to each school district clerk the appropriate full values certified to the state superintendent under sub. (1).
(3) For purposes of computing state aid under s. 121.08 equalized valuations calculated under sub. (1) and certified under sub. (2) shall exclude property taxed under s. 70.114, 1981 stats., s. 70.116, 1981 stats., s. 70.117, 1981 stats., or s. 70.175, 1981 stats.
(4) For purposes of computing state aid under s. 121.08, equalized valuations calculated under sub. (1) and certified under sub. (2) shall include the full value of property that is exempt under s. 70.11 (39) and (39m) as determined under s. 79.095 (3) for 2016.
History: 1973 c. 61, 90; 1977 c. 29 ss. 1084, 1647 (13); 1977 c. 300 s. 8; 1981 c. 20; 1983 a. 27; 1985 a. 225; 1987 a. 403 s. 256; 1989 a. 336; 1993 a. 307; 1995 a. 27 ss. 4044, 9145 (1); 1997 a. 27, 113, 237; 2001 a. 16; 2017 a. 59.
Structure Wisconsin Statutes & Annotations
Wisconsin Statutes & Annotations
121.007 - Use of state aid; exemption from execution.
121.02 - School district standards.
121.05 - Budget and membership report.
121.06 - Determination and certification of equalized valuation.
121.07 - General provisions; state aid computation.
121.08 - Payment of state aids; reductions.
121.085 - State aid; other reductions.
121.09 - State aid adjustment; redetermination of assessment.
121.095 - State aid adjustment; Challenge Academy program.
121.105 - Special adjustment aids.
121.135 - State aid to county children with disabilities education boards.
121.136 - State aid for high-poverty school districts.
121.137 - First class city school levy aid.
121.14 - State aid for summer classes and interim session classes.
121.15 - Payment of state aid.
121.17 - Use of federal revenue sharing funds.
121.23 - Payment of aids in school district labor disputes.
121.41 - Driver education programs.
121.52 - Vehicle, operator and driver requirements.
121.53 - School bus insurance.
121.54 - Transportation by school districts.
121.545 - Additional transportation.
121.55 - Methods of providing transportation.
121.555 - Alternative methods of providing transportation.
121.57 - Board and lodging or house rental in lieu of transportation.
121.575 - School transportation bio-diesel fuel cost assistance.
121.59 - High cost transportation aid.
121.76 - Definitions and general provisions.
121.77 - Admission of nonresident pupils.
121.78 - Tuition payments by school districts.
121.79 - Tuition payments by state.
121.80 - Tuition payments by counties.
121.81 - Tuition payments by parents.
121.82 - Tuition payment by adult.
121.83 - Computation of tuition.
121.84 - Tuition waiver; special cases.
121.85 - Special transfer programs.
121.86 - Merged attendance area programs.