§ 25-2502.24. Foundation guarantee
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 24 P.S. Education
24 P.S. § 25-2502.24
§ 25-2502.24. Foundation guarantee
The foundation guarantee is the minimum level of revenue resources that shall be available to support each pupil in average daily membership in the school districts of the Commonwealth. For the 1992-1993 school year, the foundation guarantee amount shall be the difference between three thousand eight hundred seventy-five dollars ($3,875) and the sum of the amounts described in sections 2502.21, 2502.22 and 2502.231 for that year divided by the number of pupils in average daily membership in the district for the 1990-1991 school year. For the 1992-1993 school year, the Commonwealth shall pay to each qualifying school district, as a foundation guarantee payment, the foundation guarantee amount multiplied by the number of pupils in average daily membership in the district for the 1990-1991 school year.
Credits
1949, March 10, P.L. 30, No. 14, art. XXV, § 2502.24, added 1993, June 7, P.L. 49, No. 16, § 20, effective July 1, 1993.
Footnotes
24 P.S. §§ 25-2502.21, 25-2502.22, 25-2502.23.
24 P.S. § 25-2502.24, PA ST 24 P.S. § 25-2502.24
Current through Act 92 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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