Taxable value per membership pupil definition

Taxable value per membership pupil means each of the following divided by the district’s membership:
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Taxable value per membership pupil means taxable value, as certified by the department of treasury, for the calendar year ending in the current state fiscal year divided by the district’s membership excluding special education pupils for the school year ending in the current state fiscal year.
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Taxable value per membership pupil means a school district’s taxable value for the calendar year ending in the immediately preceding state fiscal year divided by the school district’s membership, as calculated under the state school aid act of 1979, 1979 PA 94, MCL 388.1601 to 388.1772, for the school year ending in the immediately preceding state fiscal year.
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Examples of Taxable value per membership pupil in a sentence

  • Taxable value per membership pupil" means taxable value, as certified by the county treasurer and reported to the department, for the calendar year ending in the current state fiscal year divided by the district's membership excluding special education pupils for the school year ending in the current state fiscal year.


More Definitions of Taxable value per membership pupil

Taxable value per membership pupil means taxable value, as certified by
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Taxable value per membership pupil means each of the following divided by
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Taxable value per membership pupil means each of the
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Taxable value per membership pupil means each of the following divided by the district's
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Related to Taxable value per membership pupil

  • Combined state and local revenue per membership pupil means the district’s combined state and local revenue divided by the district’s membership excluding special education pupils.

  • Net Asset Value per Unit means, for each Class of Partnership Unit, the net asset value per unit of such Class of Partnership Unit, determined as of the last business day of each month as described in the Prospectus.

  • Taxable value shall have the meaning assigned to such term in Section 1.04(10) of the TEXAS TAX CODE.

  • Post-Closing Period means any taxable period (or portion thereof) beginning after the Closing Date.

  • RI Closing Value means, in respect of a Reference Item and a ST Valuation Date, the Settlement Level (as defined in the Equity Linked Conditions) on such ST Valuation Date.