PROPOSED USE OF FUNDS. Below we are asking each LEA to provide an explanation of how the LEA intends to use the ARP XXXXX funds in alignment with the allowable use cases described by the U.S. Department of Education. We encourage LEAs to prioritize evidence-based practices and call those out in their narrative.
PROPOSED USE OF FUNDS. In the 2023-2024 State Fiscal Year, the KCC IOG will plan to use the HB1451 monies to fund the following priorities:
PROPOSED USE OF FUNDS. Please provide a detailed explanation of how the LEA intends to use the XXXX II funds in alignment with the allowable use cases described by the U.S. Department of Education. We encourage LEAs to prioritize evidence- based practices and call those out in their narrative. Intended Use of Funds: Please provide a narrative response that details your XXX XXXX XX plan in alignment with the allowable use cases. We recommend you call out the federal use case language and category number in your response, as well as including your budget narrative from the Utah Grants Management System. In compliance with acceptable use, Xxxx Xxxxxxx Charter School intends to use the XXXX II funding for the following:
PROPOSED USE OF FUNDS. Please provide a detailed explanation of how the LEA intends to use the XXXXX II funds in alignment with the allowable use cases described by the U.S. Department of Education and the new Utah state legislative intent language. We encourage LEAs to prioritize evidence-based practices and call those out in their narrative. Intended Use of Funds: Please provide a narrative response that details your XXX XXXXX XX plan in alignment with the allowable use cases. We recommend you call out the federal use case language and category number in your response, as well as including your budget narrative from the Utah Grants Management System. Rockwell Charter High School understands that there are many losses that have been caused by the COVID-19 pandemic. We have seen that having students remain home for long periods of time for their education (online studies) has caused little progress (especially in math and reading) in these students (Engzell, Xxxx, & Xxxxxxxx, 2021). COVID-19 pandemic has also caused Xxxxxxxx to view education and learn ways to “reimagine” how we do education at Rockwell (Xxxx, 2020). Xxxxxxxx has decided to take the funding from XXXXX II to help with the losses and with the reimaging of education. Providing the technology needed for students, teachers, and staff has become one of the first steps in reimagining our school and making up for those losses. The first round of XXXXX monies and others have been spent in supporting our students with technology. We now need to be able to support our teachers so they can continue to reach out to the students that they work with. We currently have 20% of the school population participating via online schooling. We project that we will have about 10 to 15% of students remaining online and need to support teachers in those needs. We would like to propose purchasing a laptop for each teacher on staff. This would be $950 per teacher, with 27 teachers on campus. This would cost $25,650. The demands that have been placed on our school technology has affected our server in a way that has made it need to be updated much sooner than planned. We would like to propose the use of $11,000 towards a server upgrade. One of the losses we have noticed is student success in Math and in Reading. Through other funding, we will be purchasing a reading assessment program to add to our already in use math assessment program (iXL). We will be adding classes for Math and Reading Help classes to focus on skills (gaps in those skill...
PROPOSED USE OF FUNDS. Please provide a detailed explanation of how the LEA intends to use the XXXXX II funds in alignment with the allowable use cases described by the U.S. Department of Education. We encourage LEAs to prioritize evidence-based practices and call those out in their narrative. Intended Use of Funds: Please provide a narrative response for your XXX XXXXX XX plan for implementation of funding in alignment with allowable use cases:
PROPOSED USE OF FUNDS. The Company intends to use the funds raised from the Public Offer as follows: Item Minimum Subscription Full Subscription Amount % Amount % Establishment of Australian $1,750,000 50% $2,500,000 50% operations Marketing and advertising $525,000 15% $1,000,000 20% Expenses of the Offer $350,000 10% $500,000 10% ASX Fees and other miscellaneous $70,000 2% $75,000 1.5% General working capital $805,000 23% $925,000 18.5% Total $3,500,000 100% $5,000,000 100% Note: Working capital may include wages, payments to contractors, rent and outgoings, insurance, accounting, audit, legal and listing fees, other items of a general administrative nature and cash reserves which may be used in connection with any project, investment or acquisition, as determined by the Board at the relevant time. These use of funds are indicative only and the Company reserves the right to vary budgeted expenses as a result of due diligence enquiries or if actual expenses exceed budgeted expenses. Indicative timetable Event Date Prospectus lodged with ASIC 10 November 2017 Notice of Annual General Meeting sent to Shareholders 10 November 2017 Public Offer opens 17 November 2017 Annual General Meeting to approve the Resolutions 8 December 2017 Public Offer closes 15 December 2017 Completion of the Proposed Transaction Issue of Shares under the Public Offer Issue of Shares to Sellers Issue of Shares to Advisers Completion of the Share Purchase Agreement Proposed Directors appointed to the Board Securities registered on a post-Consolidation basis 22 December 2017 Expected date for Shares to be reinstated to trading on ASX 29 December 2017 Note: The dates shown in the table above are indicative only and may vary subject to the Corporations Act, the Listing Rules and other applicable laws. The Company reserves the right to vary these dates without notice. Pro forma capital structure The pro forma capital structure of the Company, assuming the Resolutions are passed and the Proposed Transaction completes, is as follows: Completion Capital structure Existing1 Minimum Subscription Full Subscription Existing Shares (pre-Consolidation) 249,705,637 249,705,637 249,705,637 Existing Shares (post-Consolidation) 72,000,000 72,000,000 72,000,000 Consideration Shares to Sellers2 - 532,852,564 532,852,564 Shares to Advisers3 - 37,299,679 37,299,679 Shares under Public Offer - 175,000,000 250,000,000 Total Shares 72,000,000 817,152,243 892,152,243 Class A Performance Shares4 - 18,500,000 18,500,000 Class B Perf...
PROPOSED USE OF FUNDS. The Statement of Work is attached as Exhibit "A" hereto and made a part of this contract. Subrecipient agrees to perform the work described in Exhibit "A" in compliance with all provisions of this contract. Subrecipient warrants and represents that it has the requisite authority and capacity to perform all terms and conditions on Subrecipient's part to be performed hereunder.
