Funding Formula definition

Funding Formula means the formula used by the State of Texas to allocate a portion of the state’s CRF funds among counties and cities with a population of 500,000 or less which results in Fifty Five Dollars per City Resident who resides within the boundaries of Travis County.
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Funding Formula means the formula that describes how Member Agencies are assessed within each specific service (i.e. law enforcement, fire service and Medic One), as further described in Section 11.4.
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Funding Formula means a ratio of 85:15 (PGB:NPGB) of any Distributable
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Examples of Funding Formula in a sentence

  • Under the Local Control Funding Formula (LCFF) all local educational agencies (LEAs) are required to prepare a Local Control and Accountability Plan (LCAP), which describes how they intend to meet annual school-specific goals for all pupils, with specific activities to address state and local priorities.

  • Complaints of noncompliance with the requirements governing the Local Control Funding Formula or Sections 47606.5 and 47607.3 of the Education Code, as applicable.

  • School districts receive funding from different sources: state funds under the Local Control Funding Formula (LCFF), other state funds, local funds, and federal funds.

  • Introduction and InstructionsThe Local Control Funding Formula (LCFF) requires LEAs to engage their local stakeholders in an annual planning process to evaluate their progress within eight state priority areas encompassing all statutory metrics (COEs have ten state priorities).

  • The implementation of ESSA in California presents an opportunity for schools to innovate with their federally-funded programs and align them with the priority goals of the school and the LEA that are being realized under the state’s Local Control Funding Formula (LCFF).


More Definitions of Funding Formula

Funding Formula means the formula used to calculate fees charged to public agencies for 911 communications system services provided by Cowlitz 911 as authorized under the Charter and as set forth in the bylaws.
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Funding Formula means the formula as set out in Article 54 setting out the mechanism by which The Association’s income is allocated;
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Funding Formula shall describe how member agencies are assessed within each specific service (i.e. law enforcement, fire service and Medic One).
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Funding Formula the provisions set out in Schedule 1 for:
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Funding Formula means the formula used by the State of Texas to allocate a portion of the state’s CRF funds among counties and cities with a population of 500,000 or less which results in Fifty Five Dollars per City Resident who resides within the boundaries of Xxxxxx County.
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Funding Formula means the formula established by the Committee each year that determines the maximum amount of payments that may be made from the Plan. This formula may be expressed as a percentage of net income or any other relationship determined by the Committee to protect the interests of shareholders. Funds generated by the formula establish a pool of money that may be used for payments to Participants under the Plan.
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Funding Formula has the meaning set out in Section 15.2;
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