Targeted Assistance – Tier Two
•
Provided an additional $92 million in formula funding to rural districts
•
Substantially reduced the total guarantee and extent to which some
districts were on the guarantee
Tier Two Targeted Assistance
Agricultural value % = Three-year average agricultural valuation / Three-
year average real property valuation
If agricultural value % >= 10%, then
Tier two % = 40%;
If agricultural value % < 10%, then
Tier two % = Agricultural value % x 4
Tier two targeted assistance = Tier two % x Tier one targeted assistance
