Levy reduction funds definition

Levy reduction funds means increases in state funds from
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Levy reduction funds means increases in state
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Levy reduction funds means increases in state funds from the prior school year for programs included under subsections (3) and (4) of this section: (a) That are not attributable to enrollment changes, compensation increases, or inflationary adjustments; and (b) that are or were specifically identified as levy reduction funds in the appropriations act. If levy reduction funds are dependent on formula factors which would not be finalized until after the start of the current school year, the superintendent of public instruction shall estimate the total amount of levy reduction funds by using prior school year data in place of current school year data. Levy reduction funds shall not include moneys received by school districts from cities or counties.
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Examples of Levy reduction funds in a sentence

  • Levy reduction funds shall not include moneys received by school districts from cities or counties.

  • Levy reduction funds shall not include moneys received by school districts from cities or counties.(6) For the purposes of this section, "prior school year" means the most recent school year completed prior to the year in which the levies are to be collected.(7) For the purposes of this section, "current school year" means the year immediately following the prior school year.

  • Take the greater of zero or the percentage calculated in (b)(ii)(C) of this subsection.(((7))) (8) "Levy reduction funds" shall mean increases in state funds from the prior school year for programs included under subsections (3) and (4) of this section: (a) That are not attributable to enrollment changes, compensation increases, or inflationary adjustments; and (b) that are or were specifically identified as levy reduction funds in the appropriations act.

  • Levy reduction funds shall not include moneys received by school districts from cities or counties.(((6))) (7) For the purposes of this section, "prior school year" means the most recent school year completed prior to the year in which the levies are to be collected.appropriations act.

  • Legal References:RCW 28A.150.230 District school directors’ responsibilities28A.150.250 Annual basic education allocation — Full funding — Withholding of funds for noncompliance 28A.300.070 Receipt of federal funds for school purposes — Superintendent of public instruction to administer84.52.0531 Levies by school districts — Maximum dollar amount for maintenance and operation support — Restrictions — Maximum levy percentage — Levy reduction funds — Rules.

  • Take the greater of zero or the percentage calculated in(b)(iii) of this subsection)).(((5))) (6) "Levy reduction funds" shall mean increases in state funds from the prior school year for programs included under subsection (3) or (4) of this section: (a) That are not attributable to enrollment changes, compensation increases, or inflationary adjustments; and (b) that are or were specifically identified as levy reduction funds in the appropriations act.


More Definitions of Levy reduction funds

Levy reduction funds means increases in state funds from the prior school year for programs included under subsections
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Levy reduction funds. ((shall)) means increases in state funds
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Levy reduction funds means enhancements in state funding formulas for programs included under subsection (4) of this section, as specified in this subsection. In the case of levies for collection in 1989 and thereafter, for each such program, levy reduction funds shall be the difference between:
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Levy reduction funds means increases in state funds from the prior school year for programs included under subsections (3) and (4) of this section: (a) That are not attributable to enrollment changes, compensation increases, or inflationary adjustments; and (b) that are or were specifically identified as levy reduction funds in the appropriations act. If levy reduction funds are dependent on formula factors which would not be
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Levy reduction funds means increases in state funds from the prior school year for programs included under subsections (3) and (4) of this section: (a) That are not attributable to enrollment changes, compensation increases, or inflationary adjustments; and (b) that are or were specifically identified as
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Levy reduction funds means increases in
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Related to Levy reduction funds

  • Funding Account has the meaning assigned to such term in Section 4.01(h).

  • Collection Account means the account designated as such, established and maintained pursuant to Section 5.1.

  • Reserve Account Withdrawal Amount means, with respect to any Distribution Date, the lesser of (x) any shortfall in the amount of Available Funds available to pay the amounts specified in clauses (i) through (xvii) of Section 5.7(a) (taking into account application of Available Funds to the priority of payments specified in Section 5.7(a) and ignoring any provision hereof which otherwise limits the amounts described in such clauses to the amount of funds available) and (y) the amount on deposit in the Reserve Account on such Distribution Date prior to application of amounts on deposit therein pursuant to Section 5.8.

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

  • Payment Account means a segregated non-interest-bearing corporate trust account maintained by the Property Trustee for the benefit of the Holders in which all amounts paid in respect of the Notes will be held and from which the Property Trustee, through the Paying Agent, shall make payments to the Holders in accordance with Sections 3.1, 4.1 and 4.2.