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

  • 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.

  • The parties agree to establish alternative class size averages at the K-3 level that retain the funding provided in the K-3 Local Control Funding Formula (LCFF) grant, even if those class sizes may exceed the goals set forth in the LCFF.

  • The Local Control Funding Formula (“LCFF”) establishes Class Size Grade Span Adjustment (“GSA”).

  • Enrolment-related funding will be will distributed consistent with this level of enrolment and subject to the policies contained within the Ontario College Funding Formula Reform Technical Manual, May 2017, Version 1.1. NOTE: Midpoints were established using the average of funding-eligible enrolment from 2015-16, 2016-17, and 2017-18.

  • In the event that Assembly Bill 1607 (Education Finance: Local Control Funding Formula) or Assembly Bill 1609 (Education Finance: Local Control Funding Formula) are implemented, it will provide the District with additional revenue which will be used to fund unit compensation and the following will occur: a 1% increase will be added to the current 2.5% increase.


More Definitions of Funding Formula

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 the provisions set out in Schedule 1 for:
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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 Xxxxxx County.
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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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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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