Funding Formula BAD HB 59 8-12-13-a - page 41

Type IV (Payment in Lieu)
New payment process this year
Law defines the parent payment as $250 per child for a full year
Budget bill allocates up to $5M to fund this in FY 14, and $2.5M
in FY 15
Districts are required to pay $250 even if there is insufficient
funding to cover the cost
In past years, the amount paid the parent was based upon the
available money, and the payment amount was reduced
1...,31,32,33,34,35,36,37,38,39,40 42,43,44,45,46,47,48
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