School Financial Services
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School Financial Services
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Accounting, Auditing and Financial Management
- Aid Payments
- Aids Register
- Audit Requirements
- Budget and Adoption
- CESA Annual Report Information
- County Children with Disability Education Board (CCDEB)
- Debt Reporting Information
- Funds
- Property Value
- PSCP, SNSP & ICS Impacts
- School District Fund Balance Policy
- Standard Tuition
- Wisconsin Uniform Financial Accounting Requirements (WUFAR)
- State/Federal Aid and Grant Programs
- Counting Children
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Reporting to SFS
- Referenda Information
- WISEdata Finance and WiSFiP
- School Finance Reporting Portals
- Additional Reporting Instructions
- Chapter 220 Membership Reporting
- School Level Reporting per Every Student Succeeds Act (ESSA)
- School Calendar - Days and Hours of Instruction
- PI-1500 District Contacts Report
- CESA Annual Reports
- Revenue Limits
- Calendars and Communication
- Statistical
- Presentations and Tutorials
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School District Support
- Pupil Transportation
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School District Reorganization
- Detachment and Attachment of Territories
- School District Consolidation
- Dissolution of a School District
- Creating a New School District
- Territory Annexed to Certain Municipalities
- School District Boundary Dispute Resolution
- Forms and Templates
- History and Orders
- Glossary of School District Reorganization Terms
- School Operations
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Accounting, Auditing and Financial Management
Debt Reporting Information
Overview
Sec. 120.115, Wis. Stats., states that within 10 days of any change to a district's debt service repayment schedule, a new debt service schedule must be submitted to DPI.
School districts must report long term debt amortization schedules via the Wisconsin School Finance Portal (WiSFiP). Districts must enter expected future principal and interest payments for each individual long term debt issue.
To obtain instructions for entering district debt information, click on the "Instructions For Entering Long Term Debt Into WiSFiP" link below. You may also proceed to WiSFiP to begin entering long term debt amortization schedules.
Related Information
New DPI Reporting Option - Bid Premiums
Historically, bid premiums have been recorded as a revenue in Source 968, in Funds 38 or 39, in the fiscal year received. Beginning in the 2017-18 fiscal year for DPI reporting purposes, a district can now record bid premiums in excess of the current year debt service payments for the issue generating the bid premium as "Deferred Revenue" in the year of receipt in balance sheet account 816900. The bid premium, however, must be recorded as a revenue in Source 968 in the subsequent year.