Examples of FY21 in a sentence
Because of the timing of the budget process, many of the activities listed below have not been, and cannot be, factored into either budget year without additional revenue outside the amount they anticipated for FY21 in February, and budget transfers that current statute does not authorize at the start of the school year.
Districts have finalized their FY20 budget year and have already finalized their FY21 budgets.
This determination will be made based on information submitted by the applicant as part of the FY21 Grant Application/Plan process.
Supplemental Funding for Student Wellness and Success (Restricted Fund 467)Nearly all of the new funding for K-12 public education in the FY20-21 Executive Budget is provided through a formula allocating $250 million in FY20 and $358 million in FY21 based upon each district’s percentage of students in households at or below 185% of the Federal Poverty Level (FPL) and the total number of students enrolled in each district.
The most recent funding formula began in FY14 and was dropped in FY19 after six (6) years, followed by no foundation formula for two (2) years in FY20 and FY21, and now HB110 implements the newest and possibly the most complicated funding formula in recent years for FY22 and FY23.
Initially state aid funding for all 610 traditional school districts and 49 Joint Vocational and Career Centers was frozen for FY20 & FY21 at the FY19 funding level.
The annual GDP recovery for FY21 is assumed to be +9.0 per cent for Italy, +10.0 per cent for Germany, +7.9 per cent for Austria and +6.0 per cent for CEE.
Page & Attachments(B1, B2, FY20 5th Qtr B3 (7/1/20 – 9/30/20); FY21 (10/1/20 – 6/30/21) B3 Oct.
FY21 Group CoR is expected to be in the range of 70-90bps.Integration costs were booked as per CMD’19 guidance with €1.3 bn in 1Q20, following the Italian trade Unions agreement reached for the implementation of Team 233.Profit from Investments including the €1.7 bn loss from the Yapi transactions22 (primary related to the release of negative FX reserves) and +€516 m gain of real estate disposals.
The FY21 estimates reflect funding based on the FY21 Approved Budget.