Wisconsin Code § 43.70

Common school fund
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(1) No later than October
15 of each year, each school district administrator shall certify to
the state superintendent, on forms provided by the state superintendent, a report of the number of persons residing in the school
district on the preceding June 30, as reported under s. 120.18 (1)
(a).
(2) Annually by January 10, the state superintendent shall apportion the amount that is estimated to be appropriated under s.
20.255 (2) (s) in the current school year to the school districts in
proportion to the number of persons resident therein, as shown by
the report certified under sub. (1).
(3) Immediately upon making such apportionment, the state
superintendent shall certify to the department of administration
the estimated amount that each school district is entitled to receive under this section and shall notify each school district administrator of the estimated amount so certified for his or her
school district. The department of administration shall distribute
each school district’s aid entitlement in one payment on or before
May 1. The amount paid to each school district shall be based
upon the amount in the appropriation account under s. 20.255 (2)
(s) on April 15. Moneys distributed under this section may be expended only for the purchase of instructional materials from the
state historical society for use in teaching Wisconsin history and
for the purchase of library books and other instructional materials
for school libraries, but not for public library facilities operated
by school districts under s. 43.52, in accordance with rules promulgated by the state superintendent. In addition, a school district may use the moneys received under this section to purchase
school library computers and related software if the school board
consults with the person who supervises the school district’s libraries and the computers and software are housed in the school
library. Appropriate records of all purchases under this section
shall be kept and necessary reports thereon shall be made to the
state superintendent.

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