Levy reduction funds definition

Levy reduction funds means increases in state funds from
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Levy reduction funds means increases in state
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Levy reduction funds means increases in state funds from the prior school year for programs included under subsections (3) and (4) of this section: (a) That are not attributable to enrollment changes, compensation increases, or inflationary adjustments; and (b) that are or were specifically identified as levy reduction funds in the appropriations act. If levy reduction funds are dependent on formula factors which would not be finalized until after the start of the current school year, the superintendent of public instruction shall estimate the total amount of levy reduction funds by using prior school year data in place of current school year data. Levy reduction funds shall not include moneys received by school districts from cities or counties.
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Examples of Levy reduction funds in a sentence

  • Levy reduction funds shall not include moneys received by school districts from cities or counties.

  • Take the greater of zero or the percentage calculated in (b)(ii)(C) of this subsection.(((7))) (8) "Levy reduction funds" shall mean increases in state funds from the prior school year for programs included under subsections (3) and (4) of this section: (a) That are not attributable to enrollment changes, compensation increases, or inflationary adjustments; and (b) that are or were specifically identified as levy reduction funds in the appropriations act.

  • Levy reduction funds shall not include moneys received by school districts from cities or counties.(6) For the purposes of this section, "prior school year" means the most recent school year completed prior to the year in which the levies are to be collected.(7) For the purposes of this section, "current school year" means the year immediately following the prior school year.

  • Take the greater of zero or the percentage calculated in(b)(iii) of this subsection)).(((5))) (6) "Levy reduction funds" shall mean increases in state funds from the prior school year for programs included under subsection (3) or (4) of this section: (a) That are not attributable to enrollment changes, compensation increases, or inflationary adjustments; and (b) that are or were specifically identified as levy reduction funds in the appropriations act.

  • Levy reduction funds shall not include moneys received by school districts from cities or counties.(((6))) (7) For the purposes of this section, "prior school year" means the most recent school year completed prior to the year in which the levies are to be collected.appropriations act.

  • Legal References:RCW 28A.150.230 District school directors’ responsibilities28A.150.250 Annual basic education allocation — Full funding — Withholding of funds for noncompliance 28A.300.070 Receipt of federal funds for school purposes — Superintendent of public instruction to administer84.52.0531 Levies by school districts — Maximum dollar amount for maintenance and operation support — Restrictions — Maximum levy percentage — Levy reduction funds — Rules.


More Definitions of Levy reduction funds

Levy reduction funds means increases in state funds from the prior school year for programs included under subsections
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Levy reduction funds. ((shall)) means increases in state funds
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Levy reduction funds means increases in state funds from the prior school year for programs included under subsections (3) and (4) of this section: (a) That are not attributable to enrollment changes, compensation increases, or inflationary adjustments; and (b) that are or were specifically identified as levy reduction funds in the appropriations act. If levy reduction funds are dependent on formula factors which would not be
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Levy reduction funds means increases in
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Levy reduction funds means enhancements in state funding formulas for programs included under subsection (4) of this section, as specified in this subsection. In the case of levies for collection in 1989 and thereafter, for each such program, levy reduction funds shall be the difference between:
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Levy reduction funds means increases in state funds from the prior school year for programs included under subsections (3) and (4) of this section: (a) That are not attributable to enrollment changes, compensation increases, or inflationary adjustments; and (b) that are or were specifically identified as
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Related to Levy reduction funds

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Operating Account means a demand deposit account maintained at the Funding Bank in Borrower's name and designated for funding that portion of each Eligible Loan not funded by a Warehousing Advance made against that Eligible Loan and for returning any excess payment from an Investor for a Pledged Loan or Pledged Security.

  • Non-Fund means any corporation, business trust, partnership, trust or other entity which is not an Investment Company.

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee with the Bank in its trust department for the benefit of the Securityholders in which all amounts paid in respect of the Debentures shall be held and from which the Property Trustee shall make payments to the Securityholders in accordance with Sections 401 and 402.

  • Participating Account a separate account investing all or a portion of its assets in the Trust, including the Account.

  • Retention Account means, an interest bearing USD account in the name of the Borrowers opened or (as the context may require) to be opened by the Borrowers with the Bank and includes any sub-accounts thereof and any other account designated in writing by the Bank to be the Retention Account for the purposes of this Agreement;

  • Principal Account as set forth in the Standard Terms and Conditions of Trust shall be replaced with the term "Capital Account."