Examples of Base Year in a sentence
Divide the Base Year SMMUSD total Unrestricted General Fund Revenues, as calculated in 5.a.ii., by the SMMUSD Enrollment in the year prior to the Separation Date, to determine the “SMMUSD Unadjusted Per Pupil Revenue”, as demonstrated in Step 3 of Exhibit C.
For the Base Year, a calculation will be completed to determine the Property Tax Transfer Amount pursuant to Section 5 hereof.
Divide the Base Year SMUSD Funding Target, as calculated in Section 5(c)(i), by the SMUSD Computed Enrollment in the year commencing with the Separation Date to determine the Base Year Target SMUSD Per Pupil Revenue, as demonstrated in Step 12 of Exhibit C.
By October 15, immediately following the Separation Date, the following calculation shall be completed by the JPA to determine the Base Year Property Tax Transfer Amount.
Determine the Base Year Property Tax Transfer Amount by completing the following calculation, as shown in Exhibit C: i.