Wisconsin Statutes & Annotations
Chapter 24 - Public domain and the trust funds.
24.60 - Definitions.

24.60 Definitions. In this subchapter, unless the context indicates otherwise:
(1) “Consortium" means an association of 2 or more of any of the following entities for the purpose of implementing, expanding or participating in a distance education or educational technology project:
(a) A school district.
(b) A technical college district.
(c) A county, if the county acts on behalf of a county library board that has adopted a resolution under s. 24.66 (3m).
(d) A city, village or town, if the city, village or town acts on behalf of a municipal library board that has adopted a resolution under s. 24.66 (3m).
(1g) “Distance education" means instruction that takes place, regardless of the location of a teacher or student, by means of telecommunications or other means of communication, including cable, instructional television fixed service, microwave, radio, satellite, computer, telephone or television.
(1r) “Educational technology" means technology used in the education or training of any person or in the administration of an elementary or secondary school or a public library.
(1v) “Federated public library system" means a federated public library system whose territory lies within 2 or more counties.
(1w) “General obligation trust fund loan" means a state trust fund loan that is the general obligation of the borrower.
(2) “Municipality" means a town, village, city, county, public inland lake protection and rehabilitation district, town sanitary district created under s. 60.71, metropolitan sewerage district created under s. 200.05 or 200.23, joint sewerage system created under s. 281.43 (4), school district or technical college district.
(2m) “Revenue obligation trust fund loan" means a state trust fund loan to which any of the following applies:
(a) It is made to a municipality for the purpose of financing or refinancing a project, as defined in s. 67.04 (1) (ar), and is secured by a pledge and assignment of the revenue that the municipality will receive from moneys generated by that project.
(b) It is made to a city or village for the purpose of financing or refinancing project costs, as defined in s. 66.1105 (2) (f), and is secured by a pledge and assignment of the tax increments that will be allocated to the city or village for those project costs by the department of revenue under s. 66.1105 (6).
(c) It is made to a county for the purpose of financing or refinancing project costs, as defined in s. 66.1105 (2) (f), and is secured by a pledge and assignment of the tax increments that will be allocated to the county for those project costs by the department of revenue under s. 59.57 (3).
(d) It is made to a town for the purpose of financing or refinancing project costs, as defined in s. 60.85 (1) (h) 1., and is secured by a pledge and assignment of the tax increments that will be allocated to the town for those project costs by the department of revenue under s. 60.85 (6).
(e) It is made to a local exposition district created under subch. II of ch. 229 for the purpose of financing acquisition, construction, and equipment costs for sports and entertainment arena facilities, as defined in s. 229.41 (11g), and is secured by district revenues.
(3) “School district" has the meaning designated under s. 115.01 (3).
(4) “State trust fund loan" means a loan authorized under s. 24.61 (3).
(5) “Trust funds" means the common school fund, the normal school fund, the university fund and the agricultural college fund.
History: 1979 c. 221; 1981 c. 169; Stats. 1981 s. 24.60; 1983 a. 27 s. 2202 (42); 1983 a. 196; 1985 a. 49, 225; 1993 a. 399; 1995 a. 27, 227; 1997 a. 27; 1999 a. 150 s. 672; 2001 a. 16; 2005 a. 253; 2011 a. 71; 2015 a. 60.

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