Examples of Extension Limitation Ratio in a sentence
This amount shall equal the product of the equalized assessed valuation used to calculate general State aid for the 1997-1998 school year and the district's Extension Limitation Ratio.
This amount shall equal the product oE the equalized assessed valuation used to calculate general State aid Eor the 1997-1998 school year and the district's Extension Limitation Ratio.
For the 2000-2001 school year and each school year thereafter, the Extension Limitation Equalized Assessed Valuation of a school district as calculated by the State Board of Education shall be equal to the product of the Equalized Assessed Valuation last used in the calculation of general State aid and the district's Extension Limitation Ratio.
This amount shall equal13 the product of the equalized assessed valuation used to14 calculate general State aid for the 1997-1998 school year and15 the district's Extension Limitation Ratio.
For the 1999-2000 school year, the Extension Limitation Equalized Assessed Valuation of a school district as calculated by the State Board of Education shall be equal to the product of the district's 1996 Equalized Assessed Valuation and the district's Extension Limitation Ratio.
Except as otherwise provided in this paragraph (2) for a school district that has approved or does approve an increase in its limiting rate, the "Extension Limitation Equalized Assessed Valuation" of a school district as calculated by the State Board of Education shall be equal to the product of the equalized assessed valuation last used in the calculation of general State aid under Section 18-8.05 of this Code or primary State aid under this Section and the district's Extension Limitation Ratio.