Transportation Supplement Funding
•
Districts that are below the median student density AND
below the median wealth qualify for additional funding
•
$25.3M in FY 14 & $23.1M in FY 15 will be provided to
supplement their funding. This is intended to bring them
nearer to 100% of the formula funding amount. (Subject to
Gain Cap & Guarantee).
•
$5M has set aside from the Straight A Fund for use by schools
for transportation, including bus purchase. Districts must
qualify (Low wealth, Low density). Funding will be
automatically distributed. (Not subject to Gain Cap &
Guarantee).
