(1)
Subject to
sub.
(2)
, the board shall pay 15% of the aids due each district each year as computed under s.
38.28
, Stats., from the appropriation under s.
20.292 (1) (d)
, Stats., during each of the months of July, August, September, October, November and June and 5% during each of the months of January and February.
(2)
Payments under
sub.
(1)
shall be adjusted as required under s.
38.28 (2) (b) 4.
, Stats.
(3)
Payment of state aids may be withheld, suspended or reduced in whole or in part as provided under
s.
TCS 7.09
.
