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... aid, a school district must raise its local share (local fund assignment) of Tier 1 funding, defined... their local share of funding in Tier 1. For every penny raised above the required tax rate in Tier 1... that the district imposes in addition to the $0.86 tax rate required in Tier 1. This means no Tier 2 equalization... is provided for tax rates over $1.50, the statewide cap on maintenance and operations taxes. In districts...) Available School Fund State$ I Tier 1 Local $ Low Property Wealth Per