Funding Formula BAD HB 59 8-12-13-a - page 11

Targeted Assistance – Tier One
Targeted Assistance provides additional resources for education opportunities above “basic” or
Opportunity aid
Funds targeted to the district with the 490
th
lowest local wealth per-pupil
Threshold wealth per-pupil is the wealth per-pupil for this district
Districts with a local wealth per-pupil lower than the 490
th
district eligible
Tier One Targeted Assistance Calculation:
= (Threshold wealth per-pupil – district’s local wealth per-pupil)
X Target millage (0.006)
X District’s wealth index
X District’s net* formula ADM
*Net formula ADM = formula ADM – 0.75 X community school students and
– virtual community school & voucher students
1...,2,3,4,5,6,7,8,9,10 12,13,14,15,16,17,18,19,20,21,...48
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