Foundation Funding definition

Foundation Funding means an amount of money specified by the General Assembly for each school year to be expended by school districts for the provision of an adequate education for each student.
Foundation Funding means an amount of money specified by
Foundation Funding means an amount of money specified by the General Assembly for each school year to be expended by school districts for the provision of an adequate education for each student as that amount is established in § 6-20-2305.

Examples of Foundation Funding in a sentence

  • Foundation Funding District Foundation funding is based on the annualized full-time equivalent (FTE) enrollment of each student.

  • The State Foundation Funding Formula used since FY14 was dropped in FY20 after six (6) years.

  • It provides important enrollment data, statewide factors, and calculations for special education, DPIA, English Learner, Gifted, and Career-Technical Education elements of Core Foundation Funding.

  • Foundation Funding Partially Restored January 22, 2021 for FY21On January 22, 2021 the Governor signed an executive order reinstating $160 million of previous cuts to public schools thus reducing the cuts in FY21.

  • The State Foundation Funding Formula used since FY14 has now been abandoned after six (6) years.

  • Foundation Funding District foundation funding is based on the annualized full-time equivalent (FTE) enrollment of each student.

  • For DPIA, the phase-in percentage is 0%, which means districts receive the same amount of DPIA funding in FY 2022 as is identified as Base State Funding in column [a].The phase-in of Core Foundation Funding is calculated in relation to the Base State Funding in column [a].

  • Brulle, Institutionalizing Delay: Foundation Funding and the Creation of U.S. Climate Change Counter-Movement Organizations, Climatic Change (Feb.

  • Funding elements beyond Core Foundation Funding are not subject to any phase-in and school districts receive the calculated amounts for these funding elements.The Summary SFPR also provides a disclosure amount for Student Wellness and Success funding.

  • Note that line D (DPIA) is not used for this adjustment.To ensure full transparency, a detailed calculation of the Base State Funding amounts in column [a] is provided in the ‘ NEW: Foundation Funding Bases’ link posted on the Department website.


More Definitions of Foundation Funding

Foundation Funding means the sum obtained by adding the
Foundation Funding means the same as the definition set forth in Ark. Code Ann. § 6-20-2303(7) and is the amount set forth in Ark. Code Ann. § 6- 20-2305(a)(2).
Foundation Funding means payments calculated for the respective fiscal year under Chapter 3317. of the Revised Code.
Foundation Funding means the sum obtained by adding the amount of the state-level
Foundation Funding means the sum obtained by adding the amount of the state-level foundation obligation and the local foundation budget.

Related to Foundation Funding

  • Construction Funding Subsidy or “CFS” means the funding that the MOHLTC agreed to provide, or to ensure the provision of, to the HSP, in an agreement for the construction, development, redevelopment, retrofitting or upgrading of beds (a “Development Agreement”).

  • Project Funding means the funding for the Services;

  • Project Funding Agreement means an agreement in the form of Schedule F that incorporates the terms of this Agreement and enables the LHIN to provide one-time or short term funding for a specific project or service that is not already described in Schedule A;

  • Construction Fund means an account specifically identified in the Indenture to hold funds which are currently available for expenditure to acquire or construct public facilities eligible under the Act.

  • Levy reduction funds means increases in state funds from

  • Acquisition Fund means any company formed with the intent to offer securities to the public and use the proceeds to consummate one or more Business Combinations which are unspecified at the time of the securities offering.

  • Principal Funding Account shall have the meaning specified in subsection 4.03(a)(i).

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

  • Interest Funding Account shall have the meaning specified in subsection 4.2(b).

  • Pre-Funding Account means the account designated as the Pre-Funding Account in, and which is established and maintained pursuant to Section 7.07.

  • the Macfarlane (Special Payments) Trust means the trust of that name, established on 29th January 1990 partly out of funds provided by the Secretary of State, for the benefit of certain persons suffering from haemophilia;

  • Individual development account means a contract between an account holder and a fiduciary organization, for the deposit of funds into a financial institution by the account holder, and the deposit of matching funds into the financial institution by the fiduciary organization, to allow the account holder to accumulate assets for use toward achieving a specific purpose approved by the fiduciary organization.

  • Administration Fund means the Administration Fund established by the Fiscal Agent pursuant to Section 4.01 hereof.

  • the Skipton Fund means the ex-gratia payment scheme administered by the Skipton Fund Limited, incorporated on 25th March 2004, for the benefit of certain persons suffering from hepatitis C and other persons eligible for payment in accordance with the scheme’s provisions;

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit upon satisfaction of the conditions set forth in Sections 6.01 and 6.02.

  • Excess Funding Account shall have the meaning specified in subsection 4.2(d).

  • Pension Fund means any person that:

  • Insurance premium finance company means a person engaged in the business of

  • Reserve Account Funding Date means the Distribution Date which occurs not later than the earliest of (a) the Distribution Date with respect to the Monthly Period that commences not later than three months prior to the Distribution Date with respect to the first Monthly Period in the Controlled Accumulation Period, (b) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the November 2022 Monthly Period or any Monthly Period thereafter is less than 2%, the Distribution Date with respect to such Monthly Period, (c) in the event that the average Excess Spread Percentage for any three consecutive Monthly Periods ending in the May 2023 Monthly Period or any Monthly Period thereafter is less than 3%, the Distribution Date with respect to such Monthly Period and (d) such earlier Distribution Date as the Transferor may determine by written notice to the Trustee and the Servicer. For this purpose, the “Excess Spread Percentage” for any Monthly Period shall be equal to the Series Adjusted Portfolio Yield for such Monthly Period minus the Base Rate for such Monthly Period.

  • Reserve Fund Initial Deposit means the initial deposit of cash in the amount of $3,846,153.85 made by or on behalf of the Seller into the Reserve Fund on the Closing Date.

  • Superannuation Fund means the Local Government Superannuation Scheme.

  • Bond Fund means the fund created by Section 6.02 of the Indenture.

  • Broken Funding Costs means for any Purchaser Interest which: (i) has its Capital reduced without compliance by Seller with the notice requirements hereunder or (ii) does not become subject to an Aggregate Reduction following the delivery of any Reduction Notice or (iii) is assigned under Article XIII or terminated prior to the date on which it was originally scheduled to end; an amount equal to the excess, if any, of (A) the CP Costs or Yield (as applicable) that would have accrued during the remainder of the Tranche Periods or the tranche periods for Commercial Paper determined by the Agent to relate to such Purchaser Interest (as applicable) subsequent to the date of such reduction, assignment or termination (or in respect of clause (ii) above, the date such Aggregate Reduction was designated to occur pursuant to the Reduction Notice) of the Capital of such Purchaser Interest if such reduction, assignment or termination had not occurred or such Reduction Notice had not been delivered, over (B) the sum of (x) to the extent all or a portion of such Capital is allocated to another Purchaser Interest, the amount of CP Costs or Yield actually accrued during the remainder of such period on such Capital for the new Purchaser Interest, and (y) to the extent such Capital is not allocated to another Purchaser Interest, the income, if any, actually received during the remainder of such period by the holder of such Purchaser Interest from investing the portion of such Capital not so allocated. In the event that the amount referred to in clause (B) exceeds the amount referred to in clause (A), the relevant Purchaser or Purchasers agree to pay to Seller the amount of such excess. All Broken Funding Costs shall be due and payable hereunder upon demand.

  • Principal Funding Account Investment Proceeds shall have the meaning specified in subsection 4.03(a)(ii).

  • Project Account means the account referred to in Section 3.04 (a) of this Agreement;

  • Table funding means a settlement at which a mortgage loan is funded by a contemporaneous advance of loan funds and an assignment of the loan to the person advancing the funds.