Combined state and local revenue per membership pupil definition

Combined state and local revenue per membership pupil means the district’s combined state and local revenue divided by the district’s membership excluding special education pupils.
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Combined state and local revenue per membership pupil means the district's combined state and local revenue divided by the district's membership excluding special education pupils.
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Combined state and local revenue per membership pupil means that term as defined in section 20 of the state school aid act of 1979, MCL 388.1620.
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More Definitions of Combined state and local revenue per membership pupil

Combined state and local revenue per membership pupil means the aggregate of the district’s state school aid received by or paid on behalf of the district under this section and the district’s local school operating revenue, divided by the district’s membership excluding special education pupils.
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Combined state and local revenue per membership pupil means the district’s com- bined state and local revenue divided by the district’s membership excluding special edu- cation pupils.
Sample 1Sample 2Sample 3
Combined state and local revenue per membership pupil means the district's
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Related to Combined state and local revenue per membership pupil

  • Taxable value per membership pupil means each of the following divided by the district’s membership:

  • Consolidated federal income tax return means a consolidated return filed for federal income tax purposes pursuant to section 1501 of the Internal Revenue Code.

  • Pre-Incentive Fee Net Investment Income means interest income, dividend income and any other income (including any other fees, other than fees for providing managerial assistance, such as commitment, origination, structuring, diligence and consulting fees or other fees that the Corporation receives from portfolio companies) accrued during the calendar quarter, minus the Corporation’s operating expenses for the quarter (including the Base Management Fee, expenses reimbursed to the Adviser under this Agreement and any interest expense and dividends paid on any issued and outstanding preferred stock, but excluding the Incentive Fee). Pre-Incentive Fee Net Investment Income includes, in the case of investments with a deferred interest feature (such as original issue discount debt instruments with payment-in-kind interest and zero coupon securities), accrued income that the Corporation has not yet received in cash. Pre-Incentive Fee Net Investment Income does not include any realized capital gains, realized capital losses or unrealized capital appreciation or depreciation.