Per pupil funding definition

Per pupil funding means the amount calculated for a district pursuant to section 22-54.5-201 (3).
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Per pupil funding or “PPF”) for each student enrolled at each MLA School based on the funding procedures to be determined in the manner set forth below. The District shall set aside for use by each MLA School the calculated amount for each pupil enrolled at the MLA School. District remains responsible for timely processing expenditures and payments out of MLA designated funds. MLA shall have authority to utilize PPF in a manner consistent with law and District shall expend and make payments of MLA PPF according to MLA direction or instructions. MLA intends to maximize the amount of PPF going toward the education of students at MLA Schools. MLA may be permitted to allocate a reasonable percentage of PPF to cover actual MLA administrative or other costs associated with operations of MLA and MLA Schools only if the relevant MLA School(s) and the Superintendent consent to such allocation. MLA will not so allocate any portion of PPF for the first year of this MOU. The amount of any allocation of PPF toward MLA administrative costs shall be agreed to and calculated collaboratively between the relevant MLA School(s), the Superintendent and MLA in a manner that is transparent and equitable. The funding methodology for the first year will represent an interim, simplified solution, and will be different than the methodology used for the following years of this MOU; the parties require additional time to fully develop, test, and agree to the methodology to be used to fund the MLA Schools for school years 2009-2010 and beyond. Through the course of the first year, and prior to the second year of operations, the details of the final funding methodology will be determined and agreed to by MLA and the District. In the first year the funding methodology will provide full transparency of both the revenues and expenses for the MLA Schools. In the first year, therefore, revenues will flow to each MLA School on a per-pupil calculation basis, based on an understanding of the mix of students and overall average daily attendance (“ADA”) of each MLA School. The extent of revenue set aside for each MLA School will be determined by the historical theoretical revenues and actual historical expenses of each MLA School. An agreed upon amount of Special Education revenues will be subtracted from the revenue set aside for each MLA School. Likewise, other encroachments which currently burden District schools will be subtracted from the revenue allocated to the MLA Schools. All District-provided services r...
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Examples of Per pupil funding in a sentence

  • Per pupil funding values are found on the Section 101 and 102: Per Pupil Allocations table of the attachment.

  • Per pupil funding will be spent predominantly on the reduction of teacher to student ratio.

  • The balance between central and schools spending is not a key issue for Gloucestershire although central spending needs to be under continuing scrutiny • Per pupil funding is exceptionally low for KS4.

  • Per pupil funding amounts shown in Figure 1 are after the application of the budget stabilization factor, which reduces funding across most districts proportionally (see page 15 for more information).

  • Per pupil funding levels then fell through 2017.In the 2010 lawsuit Gannon v.

  • Per pupil funding could be broken into two main components: base funding and factor funding.

  • Per pupil funding is lowest in districts that qualify for little additional funding from the size, cost-of-living, or at-risk adjustment factors.

  • Per pupil funding is highest in rural districts due primarily to the enrollment size factor adjustment in the school finance formula.

  • Per pupil funding in Colorado for K-12 education is$2,000 below the national average and places the state among the bottom third of all states for school financing.Small increases in budget allocations for public education in recent years have been far outstripped by increasing numbers of students, declining local funding and growing costs facing schools.

  • In particular funding levels do not reflect the increased budget pressure experienced by all schools for:• General Inflation• National Insurance rate increases• Teacher Pensions contribution increases• Annual pay awards• Apprenticeship Levy• Climate Change Levy• Per pupil funding reductions due to increased funding needed for high needs pupils and diversion of money into a growth fund to pay for pupil places that are not included in the Government grant allocation.

Related to Per pupil funding

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.

  • Additional Funding has the meaning prescribed to that term in clause 4.3 of this Agreement.

  • Initial Funding Date means the Funding Date on which the first Loan is made pursuant to this Agreement, as specified in the Initial Borrower Funding Request.

  • CDO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Intercollegiate sport means a sport played at the collegiate level for which eligibility requirements for participation by a student athlete are established by a national association for the promotion or regulation of collegiate athletics.

  • Relevant Funding Agreements means the agreement or agreements entered into by the Company and the Secretary of State under section 1 of the Academies Act 2010 for the establishment of each Academy, including any variation or supplemental agreements thereof;

  • Project Funding means the funding for the Services;

  • Pre-Funding Period means the period beginning on the Closing Date and ending on the earliest of (a) the date on which the amount on deposit in the Pre-Funding Account is less than $10,000, (b) the Funding Termination Date or (c) the date on which an Event of Termination occurs.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • Project Funding Agreement means an agreement in the form of Schedule E that incorporates the terms of this Agreement and enables the Funder to provide one-time or short term funding for a specific project or service that is not already described in the Schedules;

  • Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Subsidiary based upon residual, subordinated or retained interests in Receivables Entities or any of their respective securities, debt instruments or other Indebtedness.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

  • student loan means a loan towards a student’s maintenance pursuant to any regulations made under section 22 of the Teaching and Higher Education Act 1998, section 73 of the Education (Scotland) Act 1980 or Article 3 of the Education (Student Support) (Northern Ireland) Order 1998 and includes, in Scotland, a young student’s bursary paid under regulation 4(1)(c) of the Students’ Allowances (Scotland) Regulations 2007.

  • CAFA means the Class Action Fairness Act of 2005, 28 U.S.C. §§ 1711-1715.

  • PEBB means the public employees benefits board.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • Limited Documentation Program The guidelines under which the Seller generally originates Mortgage Loans principally on the basis of the Loan-to-Value Ratio of the related Mortgage Loan and the creditworthiness of the Mortgagor.

  • LLC means Limited Liability Company.

  • Asset Management Plan means a strategic document that states how a group of assets are to be managed over a period of time. The plan describes the characteristics and condition of infrastructure assets, the levels of service expected from them, planned actions to ensure the assets are providing the expected level of service, and financing strategies to implement the planned actions. The plan may use any appropriate format, as long as it includes the information and analysis required to be in a plan as described in Ontario’s Building Together: Guide for Asset Management Plans.

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.

  • Funding means the amounts of money provided by the LHIN to the HSP in each Funding Year of this Agreement;

  • Initial Mortgage Loans The Mortgage Loans included in the Trust as of the Closing Date.