Examples of Federal impact aid in a sentence
Within five years, Bellevue school administrators believe that the district could lose a large portion of the aid it receives for educating military children because it now has too many civilian children.”116The article reported that Federal impact aid makes up more than 22 percent of the Bellevue district's $77 million budget.
Federal impact aid is recorded in General Fund source 721 and 722, or in Capital Projects Fund source 723.
While states are generally prohibited from considering Federal impact aid to an LEA in determining the amount of the state’s contribution to the LEA, an exception exists for states that have a program for equalizing per-pupil expenditures throughout the state.
Federal impact aid is paid to local governments to help cover the cost of educating dependents of military servicemembers.
Federal impact aid" means an amount equal to the federally qualified percentage of the amount of moneys a school district receives in the current school year under the provisions of title I of public law 874 and congressional appropriations therefor, excluding amounts received for assistance in cases of major disaster and amounts received under the low-rent housing program.
Federal impact aid" means an amount equal to the federally qualified percentage of the amount of moneys a district receives in the current school year under the provisions of title I of public law 874 and congressional appropriations therefor, excluding amounts received for assistance in cases of major disaster and amounts received under the low-rent housing program.
Federal impact aid received the previous year for school purposes pursuant to P.L. 81-874 less $50,000) x 90% or the maximum percentage allowed by federal regulations if less than 90%...................................$......
First, it maintains that Federal impact aid loses its identity as Federal impact aid at the LEA level when it remains unexpended at the end of the State’s fiscal year because it no longer satisfies the purpose for which it was given, namely, to remedy the shortfall in local revenues needed for current expenditures caused by Federal actions.
Of the $25 million, slightly less than 50 percent or $11 million was contributed by LEAs that received Federal impact aid assistance even though these LEAs held only 5% of the budget authority in the State.
Federal impact aid is crucial to ensuring that the appropriate level of funds actually gets to the public school districts charged with educating military students.