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

Economically Disadvantaged Aid

Per pupil amount x economically disadvantaged index²

• Per pupil amount $269 FY14, $272 FY15 • Economically disadvantaged index = (District % economically disadvantaged / State % economically disadvantaged) 2 • Index is squared to adjust for impact of high concentrations of poverty

• Total funding FY14 $372.2 million, FY15 $376.4 million