## § 25-2502.33. Basic education funding for 1996-1997 school year

### Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 24 P.S. Education

24 P.S. § 25-2502.33

**§ 25-2502.33. Basic education funding for 1996-1997 school year**

For the 1996-1997 school year, the Commonwealth shall pay to each school district a basic education funding allocation which shall consist of the following:

(ii) The base supplement is calculated for qualifying school districts as follows: multiply the school district's 1997-1998 market value/income aid ratio times its 1996-1997 average daily membership; multiply this product times sixty-six million dollars ($66,000,000); divide the resultant product by the sum of the products of the 1997-1998 market value/income aid ratio times the 1996-1997 average daily membership for all qualifying districts.

(ii) The growth supplement is calculated for qualifying school districts as follows: if the increase in average daily membership between the 1994-1995 and 1996-1997 school years is equal to or greater than four and five-tenths per centum (4.5%), multiply two hundred dollars ($200) times the increase in average daily membership; if the increase is less than four and five-tenths per centum (4.5%), multiply one hundred dollars ($100) times the increase in average daily membership.

(i) Each school district with a 1997-1998 market value/income aid ratio equal to or greater than seven thousand ten-thousandths (0.7000) will receive additional funding, as necessary, so that the sum of the amounts in clauses (2), (3) and (4) will equal at least four per centum (4%) of the amount in clause (1).

## Credits

1949, March 10, P.L. 30, No. 14, art. XXV, § 2502.33, added 1997, June 25, P.L. 297, No. 30, § 13, effective July 1, 1997.

## Footnotes

24 P.S. § 25-2502.31.

24 P.S. § 25-2502.33, PA ST 24 P.S. § 25-2502.33

Current through Act 39 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.

End of Document |