Funding Formula definition

Funding Formula means the formula used by the State of Texas to allocate a portion of the state’s CRF funds among counties and cities with a population of 500,000 or less which results in Fifty Five Dollars per City Resident who resides within the boundaries of Travis County.
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Funding Formula means the formula that describes how Member Agencies are assessed within each specific service (i.e. law enforcement, fire service and Medic One), as further described in Section 11.4.
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Funding Formula means a ratio of 85:15 (PGB:NPGB) of any Distributable
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Examples of Funding Formula in a sentence

  • Under the Local Control Funding Formula (LCFF) all local educational agencies (LEAs) are required to prepare a Local Control and Accountability Plan (LCAP), which describes how they intend to meet annual school-specific goals for all pupils, with specific activities to address state and local priorities.

  • Charter School shall extend its uniform complaint procedure to complaints filed pursuant to the Local Control Funding Formula legislation provisions set forth in Education Code section 52075.

  • Charter School shall comply with the requirements of Education Code section 52075 and District policies and procedures regarding the filing of complaints related to certain provisions of the Local Control Funding Formula legislation.

  • The Local Control Funding Formula (LCFF) creates base, supplemental, and concentration grants in place of most previously existing K–12 funding streams, including revenue limits and most state categorical programs.

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


More Definitions of Funding Formula

Funding Formula means the adequate and equitable funding
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Funding Formula means the formula as set out in Article 54 setting out the mechanism by which The Association’s income is allocated;
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Funding Formula means the formula used to calculate fees charged to public agencies for 911 communications system services provided by Cowlitz 911 as authorized under the Charter and as set forth in the bylaws.
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Funding Formula shall describe how member agencies are assessed within each specific service (i.e. law enforcement, fire service and Medic One).
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Funding Formula has the meaning set out in Section 15.2;
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Funding Formula means the formula established by the Committee each year that determines the maximum amount of payments that may be made from the Plan. This formula may be expressed as a percent of net income or any other relationship determined
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Funding Formula means the formula established by the Committee each year that determines the maximum amount of payments that may be made from the Plan. This formula may be expressed as a percentage of net income or any other relationship determined by the Committee to protect the interests of shareholders. Funds generated by the formula establish a pool of money that may be used for payments to Participants under the Plan.
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