(HT) Funding Formula BAD HB 59 8-12-13-a

K-3 Literacy

• Two elements of per pupil funding for students grades K-3

per pupil amount x state share index

plus per pupil amount (not equalized) x number of pupils in grades K-3

• Equalized per pupil amounts FY14 $125, FY15 $175 • Un-equalized per pupil amounts FY14 $86, FY $115 • Total funding FY14 $75.3, FY15 $102.6