Focus Report: Volume 74, Number 14, August 1995: Searching Inside

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Page: 15 (standard view) | zoom view

... 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

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... I n '.> 1 i ~ I f~ I D. L. 06:1.O The Universi- f $ex '-Pan... revised when the 74th Legislature adopted a new education code contained in SB 1 by Sen. Bill Ratliff... and Rep. Paul Sadler. SB 1 was signed by Gov. George W. Bush on May 30, 1995, and many of its provisions

Page: 16 (standard view) | zoom view

... rate of at least $1.30 or an effective debt service tax rate of at least $0.20. The maximum district... approximately 1,900 students are eligible for additional facilities assistance. School districts must submit... is to complete a study by November 1, 1996, of all funding allotments and adjustments to improve the efficient

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... employed approximately 1,100 staff members. The general appropriations act requires a 23 percent cut... 1,044 school districts, serving students in grades pre-kindergarten through 12. Almost 60 percent

Page: 7 (standard view) | zoom view

... be done by November 1, 1997. Current alternative certification programs will continue. The SBEC... will sunset on September 1, 2003. District teaching permits School districts may issue teaching permits

Page: 14 (standard view) | zoom view

.... In Tier 1 a school district is guaranteed a basic allotment of $2,387 for each student in average daily... adjustment for school districts with between 1,600 and 5,000 students. The amount of the adjustment

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