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

Community School Funding

• Opportunity Grant -- full per-pupil amount • Targeted Assistance funds – 25% of amount received by resident district (virtual schools receive no Targeted Assistance) • Full weighted dollar amounts for Special Education Categories • K-3 Literacy Funds -- $211 in FY14 & $290 in FY15 • Economically Disadvantaged Funds -- $269 in FY14 & $272 in FY15 X resident district’s economically disadvantaged index • LEP – same weighted dollar amount but no SSI applied • Career Tech Education Funds – same weighted dollar amount but no SSI applied