Presentation is loading. Please wait.

Presentation is loading. Please wait.

Presented by: Jennifer Rowe Kentucky Department of Education February 1, 2011 11:00 am EST.

Similar presentations


Presentation on theme: "Presented by: Jennifer Rowe Kentucky Department of Education February 1, 2011 11:00 am EST."— Presentation transcript:

1 Presented by: Jennifer Rowe Kentucky Department of Education February 1, :00 am EST

2  One Page Final SEEK Calculation for your district Support Education Excellence in Kentucky (SEEK)  Total Pro Rata Reduction for SEEK Final Support Education Excellence in Kentucky (SEEK)

3 624,600 58,376 37, ,104 22, ,930 BASE SEEK ADJUSTMENTS TIER 1 ADJUST- MENTS FSPK ADJUST- MENTS ORIGINAL GROWTH NICKEL ADJUST- MENTS RECALL NICKEL ADJUST- MENTS EFF NICKEL ADJUST- MENTS TOTAL PRO RATA REDUC- TION Total Pro Rata Reduction for SEEK Final

4 Total Calculated Base SEEK - 30 cent local effort + Hold Harmless + Prior Year Adjustment + SFSF District % of Total SEEK District % of SEEK Shortage Total Base SEEK Funding Amount after Pro Rata Reduction 33,337, % 624,600 32,713,235

5  = Base SEEK State Total $2,107,086,443 Total Calculated Base SEEK - 30 cent local effort + Hold Harmless + Prior Year Adjustment + SFSF District % of Total SEEK District % of SEEK Shortage Total Base SEEK Funding Amount after Pro Rata Reduction 33,337, % 624,600 32,713,235

6 × **Total Base SEEK Shortage $39,477,243 Total Calculated Base SEEK - 30 cent local effort + Hold Harmless + Prior Year Adjustment + SFSF District % of Total SEEK District % of SEEK Shortage Total Base SEEK Funding Amount after Pro Rata Reduction 33,337, % 624,600 32,713,235 =

7 Total Calculated Base SEEK - 30 cent local effort + Hold Harmless + Prior Year Adjustment + SFSF District % of Total SEEK District % of SEEK Shortage Total Base SEEK Funding Amount after Pro Rata Reduction 33,337, % 624,600 32,713,235 - =

8 624,600 58,376 37, ,104 22, ,930 BASE SEEK ADJUSTMENTS TIER 1 ADJUST- MENTS FSPK ADJUST- MENTS ORIGINAL GROWTH NICKEL ADJUST- MENTS RECALL NICKEL ADJUST- MENTS EFF NICKEL ADJUST- MENTS TOTAL PRO RATA REDUC- TION Total Pro Rata Reduction for SEEK Final

9 Total Tier 1 Before Pro Rata Reduction District % of Tier 1 Funding District % of Tier 1 Shortage Total Tier 1 Funding Amount after Pro Rata Reduction 2,068, % 58,376 2,010,577

10 **Tier I State Total $178,616,125 Total Tier 1 Before Pro Rata Reduction District % of Tier 1 Funding District % of Tier 1 Shortage Total Tier 1 Funding Amount after Pro Rata Reduction 2,068, % 58,376 2,010,577  =

11 **Total Tier I Shortage $5,039,725 Total Tier 1 Before Pro Rata Reduction District % of Tier 1 Funding District % of Tier 1 Shortage Total Tier 1 Funding Amount after Pro Rata Reduction 2,068, % 58,376 2,010,577 = ×

12 Total Tier 1 Before Pro Rata Reduction District % of Tier 1 Funding District % of Tier 1 Shortage Total Tier 1 Funding Amount after Pro Rata Reduction 2,068, % 58,376 2,010,577 - =

13 624,600 58,376 37, ,104 22, ,930 BASE SEEK ADJUSTMENTS TIER 1 ADJUST- MENTS FSPK ADJUST- MENTS ORIGINAL GROWTH NICKEL ADJUST- MENTS RECALL NICKEL ADJUST- MENTS EFF NICKEL ADJUST- MENTS TOTAL PRO RATA REDUC- TION Total Pro Rata Reduction for SEEK Final

14 Total FSPK Before Pro Rata Reduction District % of FSPK Funding District % of FSPK Shortage Total FSPK Funding Amount after Pro Rata Reduction 982, % 37, ,677

15 ** FSPK State Totals $79,969,026 Total FSPK Before Pro Rata Reduction District % of FSPK Funding District % of FSPK Shortage Total FSPK Funding Amount after Pro Rata Reduction 982, % 37, ,677  =

16 **Total FSPK Shortage $3,046,926 Total FSPK Before Pro Rata Reduction District % of FSPK Funding District % of FSPK Shortage Total FSPK Funding Amount after Pro Rata Reduction 982, % 37, ,677 × =

17 Total FSPK Before Pro Rata Reduction District % of FSPK Funding District % of FSPK Shortage Total FSPK Funding Amount after Pro Rata Reduction 982, % 37, ,677 - =

18 624,600 58,376 37, ,104 22, ,930 BASE SEEK ADJUSTMENTS TIER 1 ADJUST- MENTS FSPK ADJUST- MENTS ORIGINAL GROWTH NICKEL ADJUST- MENTS RECALL NICKEL ADJUST- MENTS EFF NICKEL ADJUST- MENTS TOTAL PRO RATA REDUC- TION Total Pro Rata Reduction for SEEK Final

19 ** Growth Nickel State Total $16,081,920 Total Original Growth Funding Amount Before Pro Rata Reduction District % of Original Growth Funding District % of Original Growth Shortage Total Original Growth Funding Amount after Pro Rata Reduction 982, % 100, ,992  =

20 **Total Growth Nickel Shortage $1,639,220 Total Original Growth Funding Amount Before Pro Rata Reduction District % of Original Growth Funding District % of Original Growth Shortage Total Original Growth Funding Amount after Pro Rata Reduction 982, % 100, ,992 = ×

21 Total Original Growth Funding Amount Before Pro Rata Reduction District % of Original Growth Funding District % of Original Growth Shortage Total Original Growth Funding Amount after Pro Rata Reduction 982, % 100, ,992 - =

22 **Recall Nickel State Total $8,367,414 Total Recallable Nickel Funding Amount Before Pro Rata Reduction District % of Recallable Nickel Funding District % of Recallable Nickel Shortage Total Recallable Nickel Funding Amount after Pro Rata Reduction 982, % 22, ,665  =

23 **Total Recall Nickel Shortage $191,114 Total Recallable Nickel Funding Amount Before Pro Rata Reduction District % of Recallable Nickel Funding District % of Recallable Nickel Shortage Total Recallable Nickel Funding Amount after Pro Rata Reduction 982, % 22, ,665 × =

24 Total Recallable Nickel Funding Amount Before Pro Rata Reduction District % of Recallable Nickel Funding District % of Recallable Nickel Shortage Total Recallable Nickel Funding Amount after Pro Rata Reduction 982, % 22, ,665

25 Total EFF Nickel Funding Amount Before Pro rata Reduction District % of EFF Nickel Funding District % of EFF Nickel Shortage Total Recallable EFF Funding Amount after Pro Rata Reduction % - - **EFF Nickel State Total $6,672,684 = 

26 Total EFF Nickel Funding Amount Before Pro rata Reduction District % of EFF Nickel Funding District % of EFF Nickel Shortage Total Recallable EFF Funding Amount after Pro Rata Reduction % - - **Total EFF Nickel Shortage $224,484 = ×

27 Total EFF Nickel Funding Amount Before Pro rata Reduction District % of EFF Nickel Funding District % of EFF Nickel Shortage Total Recallable EFF Funding Amount after Pro Rata Reduction % - -

28 624,600 58,376 37, ,104 22, ,930 BASE SEEK ADJUSTMENTS TIER 1 ADJUST- MENTS FSPK ADJUST- MENTS ORIGINAL GROWTH NICKEL ADJUST- MENTS RECALL NICKEL ADJUST- MENTS EFF NICKEL ADJUST- MENTS TOTAL PRO RATA REDUC- TION Total Pro Rata Reduction for SEEK Final

29  Per-pupil base is $3,903  Statewide equalization of $736,000  Pro Rata Adjustment  No SFSF- General Funds only

30

31  Please send questions to: Chay or Jennifer You may reach either one of


Download ppt "Presented by: Jennifer Rowe Kentucky Department of Education February 1, 2011 11:00 am EST."

Similar presentations


Ads by Google