Adjustment to Funding. The Institute's disbursement of funds will be adjusted as follows: January 15 of each year, funding may be revised based on the number of FTE pupils actually enrolled at the School as determined at the official student count day(s) and included in the official pupil count, and to reflect any change in PPR, positive or negative, so that the overall funding for the year is equal to the PPR provided for in the geographic district and not otherwise deducted. Funding on January 15th may also be adjusted for any services provided by the Institute under this Contract. In addition, to the extent that the Institute experiences any reduction or increase in state equalization support by a legislative rescission or other action, proportionate reductions or increases will be made to the School’s funding. Any adjustments to funding after the January 15th payment so that funding is equal to the PPR provided for in this Contract will be made by direct payment to the School or the Institute.
Adjustment to Funding. The District’s disbursement of funds will be adjusted as follows: the monthly payments beginning in January and continuing through June may be revised based on the number of FTE pupils actually enrolled at all Network Schools as determined at the October Count Date and included in the official membership count, and to reflect any change in PPR, positive or negative, so that the overall funding for the year is equal to the PPR provided for in this Contract. The monthly funding payments for the months of January through June may also be adjusted for any services provided by this Contract. Additional adjustments to funding may be made for any subsequent monthly payments remaining in the fiscal year should CDE’s calculation of the District’s per pupil funding change (positive or negative.)
Adjustment to Funding. The District’s disbursement of funds will be adjusted as follows: January 15th and April 15th of each year, funding may be revised based on the number of FTE pupils actually enrolled at all Network Schools as determined at the October 1st count and included in the official membership count, and to reflect any change in PPR, positive or negative, so that the overall funding for the year is equal to the PPR provided for in this Contract. Funding on January 15th and April 15th may also be adjusted for any services provided by this Contract. Additional adjustments to funding may be made after January 15th and April 15th should CDE’s calculation of the District’s per pupil funding change (positive or negative.)
Adjustment to Funding. The District’s disbursement of funds shall be adjusted as follows: In December or January funding will be adjusted factoring in the final October one day count and adjusted per pupil funding as determined by the Colorado Department of Education. To the extent that the District experiences any reduction or increase in state equalization support by a legislative rescission, one day count audits or other action, proportionate reductions or increases shall be made to the School’s funding.
Adjustment to Funding. The District’s disbursement of funds shall be adjusted as follows: December 1 of each year, funding may be revised based on the number of FTE pupils actually enrolled at the School as determined at the October 1 count and included in the official membership count, and to reflect any change in PPF, positive or negative, so that the overall funding for the year is equal to PPF provided for in the District and not otherwise deducted. Funding may also be adjusted for any services provided by the Contract. In addition, to the extent that the District experiences any reduction or increase in state equalization support by a legislative rescission or other action, proportionate reductions or increases shall be made to the School’s funding.
Adjustment to Funding. The District’s initial disbursement of funds for a fiscal year, shall be adjusted as follows: In January funding will be adjusted based upon the final October one- day official count of FTE students and adjusted per pupil funding as determined by CDE. This adjustment will be posted back to each respective month that has passed, and the payments made by the District to the School under Subsection A above for the remainder of the fiscal year shall be adjusted accordingly, to fully allocate such overall adjustment for the year. In addition, to the extent that the District experiences any reduction or increase in state equalization support by a legislative rescission, one-day count audits or other action, proportionate reductions or increases shall be made to the School’s funding. All adjustments to funding will be made by the end of the fiscal year.
Adjustment to Funding. The Institute's monthly disbursement of funds will be adjusted as follows. Any and all mid-year legislative changes to the state’s school finance formulas shall be passed along to the School as an adjustment (i.e., a monthly debit or credit calculated to true-up the annual total by the end of the fiscal year) to the fiscal year’s remaining monthly disbursements, beginning as soon as reasonably possible following the legislative change. Any and all adjustments imposed by CDE as part of CDE’s per pupil true-up process (which typically applies to the January through June monthly disbursements) shall be passed along to the School, to the extent not offset by the Institute’s early true-up adjustments. The Institute reserves the right to begin adjusting monthly disbursements following October 1st of the fiscal year (or any other applicable count day(s) established by law or by mutual agreement of the Parties), without waiting for CDE’s true-up process, when in the Institute’s sole discretion it appears to a reasonable certainty that the School’s actual pupil count is materially different (as defined in Section 8.5) from the School’s projected pupil count. Any PPR withheld from the School through the Institute’s early true-up adjustments shall be kept in a separate account by the Institute and applied to offset the impact of CDE’s true-up adjustments. Any additional funds paid to the School through the Institute’s early true-up adjustments shall likewise be calculated to offset the impact of CDE’s true-up adjustments, and shall be contingent upon the Institute having sufficient operating funds available. Funding may also be adjusted in January for any services provided by the Institute under this Contract. Where the remaining monthly disbursements in the fiscal year are not reasonably sufficient to cover the adjustments required by this Section 8.3, true-up payments shall be made by direct payment to the School or the Institute.
Adjustment to Funding. The District’s disbursement of funds shall be adjusted as follows: In December or January funding will be adjusted factoring in the final October one day count and adjusted per pupil funding as determined by the Colorado Department of Education. This adjustment will be posted back to each respective quarter that has passed, and the payments made by the District to the School under Subsection A above for the remainder of the fiscal year shall be adjusted accordingly, to fully allocate such overall adjustment for the year. If the School submits enrollment projections that vary from actual enrollment by 5% or greater, the District may adjust funding based on student counts reported in the Student Information System any time prior to the final October one day count. In addition, to the extent that the District experiences any reduction or increase in State equalization support, one day count audits or other action, proportionate reductions or increases shall be made to the School’s funding. All adjustments to funding will be made by the end of the fiscal year.
Adjustment to Funding. The District's disbursement of funds will be adjusted as follows: On or around December 26, but not to exceed the last business day of the month, funding will be revised based on the number of FTE pupils actually enrolled at the School as determined at the October 1 count and included in the official membership count, and to reflect any change in PPR, positive or negative, so that the overall funding for the year is equal to the PPR provided for in the District and not otherwise deducted. Funding on or around December 25 may also be adjusted for any services provided by the Contract. In addition, to the extent that the District experiences any reduction or increase in state equalization support by a legislative rescission or other action, proportionate reductions or increases will be made to the School’s funding. Any adjustments to funding after the December payment, so that funding is equal to the PPR provided for in this Contract, will be made no later than the on or around June 25 payment. Should CDE conduct a count audit that results in a denial of PPR or other funding for students enrolled in the School, the District may adjust the School’s funding to reflect such reduction, provided that: (1) such adjustment shall not take place until, at the earliest, the time of actual repayment to CDE, and (2) the District shall timely notify the School of proposed audit findings adverse to the School and, upon request, assign to the School the District’s right to contest such audit findings and to prosecute an administrative appeal and any judicial review of such findings.
Adjustment to Funding. The District’s disbursement of funds shall be adjusted as follows: Within ten (10) business days of the District being notified by the Colorado Department of Education of any adjustment to funding, funding shall be revised based on the number of FTE pupils actually enrolled at the School as determined at the October 1 count and included in the official membership count, and to reflect any change in PPR, positive or negative, so that the overall funding for the year is equal to the PPR provided for in the District and not otherwise deducted. Funding may also be adjusted for any services provided by the Contract. In addition, to the extent that the District experiences any reduction or increase in state equalization support by a legislative rescission or other action, proportionate reductions or increases shall be made to the School’s funding. Any further adjustments to funding so that funding is equal to the PPR provided for in this Contract shall be made by direct payment to the School or the District. Any adjustment for an increase in funding from July 1 through the date of payment shall be paid to the School as a lump sum payment.
