State and Local Funds. The Authorizer shall allocate one hundred percent (100%) of state and local Basic Education Program (BEP) funds to the Charter School on a per pupil expenditure as provided in T.C.A. § 00-00-000 and as calculated by the formula provided by the Tennessee Department of Education. The Authorizer shall allocate funds to the Charter School after each of the ten (10) attendance-reporting intervals. The Authorizer shall allocate and distribute one-tenth of state and local funds to the Charter School by the 15th of the month in August, September, October, November, December, January, February, March, April, and June. Each state and local payment from October through April and the final payment in June is contingent on the Charter School’s reporting of the Charter School’s Average Daily Membership (ADM) in the Tennessee Department of Education’s Education Information System (EIS). Each payment starting in October will be reconciled to the reported ADM for the period before being released. The final (tenth) payment will not be released until the year’s ADMs have been reconciled. If the Charter School is adding a new grade in accordance with the Charter School’s Application and this Agreement, the Charter School shall be funded based on anticipated enrollment in this Agreement, as submitted to the Authorizer for initial budgeting purposes no later than March 15 of each year. Initial payments will be based on this anticipated enrollment, which must be agreed upon by the Authorizer and the Charter School and reflected in the Charter School’s approved budget for the upcoming fiscal year by June 1 of each year. Upon completion of the grade expansion period, the Charter School’s state and local funds will be allocated based on the prior year’s ADM in the Tennessee Department of Education’s EIS system, and consistent with T.C.A. § 49-3-351.
State and Local Funds. The Chartering Authority shall allocate one hundred percent (100%) of state and local funds to the Charter School on a per pupil expenditure as provided in T.C.A. § 00-00-000 and as calculated by the formula provided by the Tennessee State Department of Education. The Chartering Authority shall allocate funds to the Sponsor after each and according to ten (10) attendance reporting intervals. The Chartering Authority may withhold funds to cover the costs of participation in the LEA’s benefits and retirement plans by the Charter School’s employees, pursuant to T.C.A. §§ 00-00-000 and 119.
State and Local Funds. The Authorizer shall allocate one hundred percent (100%) of state and local student-generated funds for member schools as provided in T.C.A. § 00-00-000 and as calculated by the formula provided by the Tennessee Department of Education, in accordance with T.C.A. § 49-3-101 et. seq. The Authorizer shall allocate funds to the Charter School after each of the ten (10) attendance-reporting intervals. The Authorizer shall allocate and distribute one-tenth of state and local funds to the Charter School by the 15th of the month in August, September, October, November, December, January, February, March, April, and June, in accordance with Tenn. Comp. R. & Regs. 0520-14-01-.03. Each state and local payment from October through April and the final payment in June is contingent on the Charter School’s reporting of the Charter School’s Average Daily Membership (ADM) in the Tennessee Department of Education’s Education Information System (EIS). Each payment starting in October will be reconciled to the reported ADM for the period before being released. The final (tenth) payment will not be released until the year’s ADMs have been reconciled.
State and Local Funds. The Authorizer shall allocate one hundred percent (100%) of state and local Basic Education Program (BEP) funds to the Charter School on a per pupil expenditure as provided in T.C.A. § 00-00-000 and as calculated by the formula provided by the Tennessee Department of Education. The Authorizer shall allocate funds to the Charter School after each of the ten (10) attendance-reporting intervals. The Authorizer shall allocate and distribute one-tenth of state and local funds to the Charter School by the 15th of the month in August, September, October, November, December, January, February, March, April, and June. Each state and local payment from October through April and the final payment in June LV FRQWLQJHQW RQ WKH &KDUWHU 6FKRRO□V UHSRUWLQJ Daily Membership (ADM) in tKH 7HQQHVVHH 'HSDUWPHQW RI (GXFDWLRQ□ System (EIS). Each payment starting in October will be reconciled to the reported ADM for the SHULRG EHIRUH EHLQJ UHOHDVHG 7KH ILQDO WHQWK SD ADMs have been reconciled. ZI WKH &KDUWHU 6FKRRO LV DGGLQJ D QHZ JUDGH LQ Application and this Agreement, the Charter School shall be funded based on anticipated enrollment in this Agreement, as submitted to the Authorizer for initial budgeting purposes no later than March 15 of each year. Initial payments will be based on this anticipated enrollment, which must be agreed upon by the Authorizer and the Charter School and UHIOHFWHG LQ WKH &KDUWHU 6thFe KupRcoRmOin□g VfiscaDl ySeaSr UbyRJuYnHe G1 of EXGJHW HDFK \HDU 8SRQ FRPSOHWLRQ RI WKH JUDGH H[SDQVLRQ ORFDO IXQGV ZLOO EH DOORFDWHG EDVHG RQ WKH SULRU \ (GXFDWLRQ□V (Z6 V\VwiWthHT.PC.A. § D49Q-3G-351F.
State and Local Funds. The Authorizer shall allocate one hundred percent (100%) of state and local student-generated funds for member schools as provided in T.C.A. § 00-00-000 and as calculated by the formula provided by the Tennessee Department of Education, in accordance with T.C.A. § 49-3-101 et. seq. The Authorizer shall allocate and distribute state and local funds to the Charter School by the 15th of the month in August, September, October, November, December, January, February, March, April, and June, in accordance with Tenn. Comp. R. & Regs. 0520-14-01-.03(1)(f) and the calculations provided by the Tennessee Department of Education.
State and Local Funds. The Chartering Authority shall allocate one hundred percent (100%) of state and local Basic Education Program (BEP) funds to the Charter School on a per pupil expenditure as provided in T.C.A. § 00-00-000 and as calculated by the formula provided by the TDOE. The Chartering Authority shall allocate funds to the Charter School after each of the ten
State and Local Funds. The Authorizer shall allocate one hundred percent (100%) of state and local Basic Education Program (BEP) funds to the Charter School on a per pupil expenditure as provided in T.C.A. § 00-00-000 and as calculated by the formula provided by the Tennessee Department of Education. The Authorizer shall allocate funds to the Charter School after each of the ten (10) attendance-reporting intervals. The Authorizer shall allocate and distribute one-tenth of state and local funds to the Charter School by the 15th of the month in August, September, October, November, December, January, February, March, April, and June. Each state and local payment from October through April and the final payment in June is contingent on the &KDUWHU 6FKRROȇV UHSRUWLQJ RI WKH &KDU 0HPEHUVKLS $'0 LQ WKH 7HQQHVVHH 'HSDUWPHQW RI System (EIS). Each payment starting in October will be reconciled to the reported ADM for the period before bHLQJ UHOHDVHG 7KH ILQDO WHQWK SD\PHQW ZL ADMs have been reconciled.
State and Local Funds. The Authorizer shall allocate one hundred percent (100%) of state and local student-generated funds for member schools as provided in T.C.A. § 00-00-000 and as calculated by the formula provided by the Tennessee Department of Education, in accordance with T.C.A. § 49-3-101 et. seq. The Authorizer shall allocate funds to the Charter School after each of the ten (10) attendance-reporting intervals. The Authorizer shall allocate and distribute one-tenth of state and local funds to the Charter School by the 15th of the month in August, September, October, November, December, January, February, March, April, and June, in accordance with Tenn. Comp. R. & Regs. 0520-14-01-.03. Each state and local payment from October through April and the final payment in June is contingent on WKH &KDUWHU 6FKRROȇV UHSRUWLQJ RI WKH &KDUWHU 6FKRR 7HQQHVVHH 'HSDUWPHQW RI (GXFDWSyLstRemQȇ(EIVS) . E(acGh XPaFymDeWnLt starting in October will be reconciled to the reported ADM for the period before being RQ ΖQI released. The finDO WHQWK SD\PHQW ZLOO QRW EH UHOHDVHG X reconciled.
State and Local Funds. To the extent that any State and Local Funds the Transportation Enterprise is eligible to receive for the Project have not been contributed as of the Effective Date, the Transportation Enterprise shall diligently take all steps necessary to obtain such State and Local Funds and shall apply any State and Local Funds received solely to pay for Project Costs in accordance with any funding restrictions or requirements applicable to such State and Local Funds.
State and Local Funds. ▪ The Authorizer shall allocate one hundred percent (100%) of state and local student- generated funds for member schools as provided in T.C.A. § 00-00-000 and as calculated by the formula provided by the Tennessee Department of Education, in accordance with T.C.A. § 49-3-101 et. seq. The Authorizer shall allocate funds to the Charter School after each of the ten (10) attendance-reporting intervals. The Authorizer shall allocate and distribute one-tenth of state and local funds to the Charter School by the 15th of the month in August, September, October, November, December, January, February, March, April, and June, in accordance with Tenn. Comp. R. & Regs. 0520-14-01-.03. Each state and local payment from October through April and the final payment in June is contingent on the Charter School’s reporting of the Charter School’s Average Daily Membership (ADM) in the Tennessee Department of Education’s Education Information System (EIS). Each payment starting in October will be reconciled to the reported ADM for the period before being released. The final (tenth) payment will not be released until the year’s ADMs have been reconciled. ▪ Includes removal of “BEP” language; replaced with State’s K-12 education funding
