Foundation funding definition

Foundation funding means an amount of money specified by the General Assembly for each school year to be expended by school districts for the provision of an adequate education for each student.
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Foundation funding means an amount of money specified by
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Foundation funding means an amount of money specified by the General Assembly for each school year to be expended by school districts for the provision of an adequate education for each student as that amount is established in § 6-20-2305.
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Examples of Foundation funding in a sentence

  • The State Foundation Funding Formula used since FY14 was dropped in FY20 after six (6) years.

  • The State Foundation Funding Formula used since FY14 has now been abandoned after six (6) years.

  • Foundation Funding Partially Restored January 22, 2021 for FY21On January 22, 2021 the Governor signed an executive order reinstating $160 million of previous cuts to public schools thus reducing the cuts in FY21.

  • It provides important enrollment data, statewide factors, and calculations for special education, DPIA, English Learner, Gifted, and Career-Technical Education elements of Core Foundation Funding.

  • The State Foundation Funding Formula used since FY14 has now been abandoned after six(6) years.

  • The report, “The Resource Allocation of Foundation Funding for Arkansas School Districts and Open-Enrollment Charter Schools,” compared district expenditures of foundation funding with the funding amount provided through the matrix.

  • State Foundation Funding The Ohio Department of Education conducts reviews of enrollment data and full-time equivalency (FTE) calculations made by the schools.

  • Foundation Funding Foundation funding is based on the annualized full-time equivalent (FTE) enrollment of each student.

  • Foundation Funding ‌The state's system for funding public schools is made up of a base per-student amount, known as foundation funding (§ 6-20-2301 et seq.).

  • Foundation Funding ComponentsDistrict Total% of TotalCharter Total% of TotalURT$1,169,273,93537.4%$00%State Foundation Funding Aid$1,916,781,79461.3%$118,161,086100%98% Adjustment$25,942,9340.8%$00%Miscellaneous$12,997,7400.4%$00%Total$3,124,996,403 $118,161,086 Foundation funding is distributed based on a school district’s ADM, which is the calculation representing a district’s total number of students.


More Definitions of Foundation funding

Foundation funding means the sum obtained by adding the
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Foundation funding means the sum obtained by adding the amount of the state-level
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Foundation funding means payments calculated for the respective fiscal year under Chapter 3317. of the Revised Code.
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Foundation funding means the same as the definition set forth in Ark. Code Ann. § 6-20-2303(7) and is the amount set forth in Ark. Code Ann. § 6- 20-2305(a)(2).
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Foundation funding means the sum obtained by adding the amount of the state-level foundation obligation and the local foundation budget.
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Related to Foundation funding

  • Pension Fund means any person that: (i) is organized under the laws of a Contracting State; (ii) is established and maintained in that Contracting State primarily to administer or provide pensions or other similar remuneration, including social security payments; and (iii) is exempt from tax in that Contracting State with respect to the activities described in clause (ii).

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.