4 AAC 09.011 - Calculation of supplement public school funding floor
(a) The
supplementary public school funding floor for a district under
AS
14.17.490 is calculated as follows:
(1) "public school funding" is the funding
amount for a district for fiscal year 1999 as calculated under
AS
14.17.410(b)(1);
(2) "state aid" is equal to
(A) the amount of state foundation aid for a
district for fiscal year 1999 as calculated under former
AS
14.17.021, 14.17.022,
14.17.024, and 14.17.026, as those
provisions read on January 1, 1998, applied to the district's reported student
count for the 1998 - 1999 school year as calculated under former
AS
14.17.160 and
4
AAC 09.015 as those provisions read on January 1,
1998; plus
(B) additional district
support appropriated by the legislature for fiscal year 1998.
(b) If the amount
calculated for a district under (a)(2) of this section is greater than the
amount calculated for that district under (a)(1) of this section, that
difference is the supplementary public school funding floor under
AS
14.17.490 for that district.
Notes
Authority:AS 14.07.060
AS 14.17.490
AS 14.17.920
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