Per pupil funding definition

Per pupil funding means the amount calculated for a district pursuant to section 22-54.5-201 (3).
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Per pupil funding or “PPF”) for each student enrolled at each MLA School based on the funding procedures to be determined in the manner set forth below. The District shall set aside for use by each MLA School the calculated amount for each pupil enrolled at the MLA School. District remains responsible for timely processing expenditures and payments out of MLA designated funds. MLA shall have authority to utilize PPF in a manner consistent with law and District shall expend and make payments of MLA PPF according to MLA direction or instructions. MLA intends to maximize the amount of PPF going toward the education of students at MLA Schools. MLA may be permitted to allocate a reasonable percentage of PPF to cover actual MLA administrative or other costs associated with operations of MLA and MLA Schools only if the relevant MLA School(s) and the Superintendent consent to such allocation. MLA will not so allocate any portion of PPF for the first year of this MOU. The amount of any allocation of PPF toward MLA administrative costs shall be agreed to and calculated collaboratively between the relevant MLA School(s), the Superintendent and MLA in a manner that is transparent and equitable. The funding methodology for the first year will represent an interim, simplified solution, and will be different than the methodology used for the following years of this MOU; the parties require additional time to fully develop, test, and agree to the methodology to be used to fund the MLA Schools for school years 2009-2010 and beyond. Through the course of the first year, and prior to the second year of operations, the details of the final funding methodology will be determined and agreed to by MLA and the District. In the first year the funding methodology will provide full transparency of both the revenues and expenses for the MLA Schools. In the first year, therefore, revenues will flow to each MLA School on a per-pupil calculation basis, based on an understanding of the mix of students and overall average daily attendance (“ADA”) of each MLA School. The extent of revenue set aside for each MLA School will be determined by the historical theoretical revenues and actual historical expenses of each MLA School. An agreed upon amount of Special Education revenues will be subtracted from the revenue set aside for each MLA School. Likewise, other encroachments which currently burden District schools will be subtracted from the revenue allocated to the MLA Schools. All District-provided services r...
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Examples of Per pupil funding in a sentence

  • Per- pupil funding is projected to increase in 2016–17 to $11,709 – an increase of 1.4 percent from 2015–16 and 63 percent since 2002–03.

  • Per pupil funding values are found on the Section 101 and 102: Per Pupil Allocations table of the attachment.

  • Highlights of Senate Bill 268 include: ● Per pupil funding increased by $141.67 for fiscal year 2021-22 to $7,225.28 (this reflects the 2% inflation mentioned above) ● Buy down of the budget stabilization factor by $487.7 million.

  • The Council received £115,409 in Local Authority Business Growth Incentive grant – a government incentive scheme to encourage local authorities to increase business growth in their area.

  • A reduction in the estimated pupil count decreases the appropriation required to support facility schools.• Per pupil funding amount: Facility school per pupil funding is calculated as the statewide base per pupil amount times 1.73.

  • Per pupil funding will also be maintained in cash terms over the period.

  • Per pupil funding will be spent predominantly on the reduction of teacher to student ratio.

  • Per pupil funding is based on prior year adjusted average daily attendance factored with a current year growth rate.

  • Per pupil funding is below the national average, which is reflected in low staff-to-student ratios (including fewer teachers and administrators per pupil).

  • Per pupil funding levels then fell through 2017.In the 2010 lawsuit Gannon v.

Related to Per pupil funding

  • Initial Funding means the funding of the initial Loans or issuance of the initial Letters of Credit pursuant to Section 6.01 hereof.

  • CarMax Funding means CarMax Auto Funding LLC, a Delaware limited liability company.

  • Match funding or “match share” means cash or in-kind (non-cash) contributions provided by the Applicant/Recipient, subcontractors, or other parties that will be used in performance of the proposed project. Match share percentage is calculated by dividing the total match share contributions by the total allowable project cost. “Total allowable project cost” is the sum of the CEC’s reimbursable share and Recipient’s match share of the project costs. Match share expenditures have the following requirements:

  • Master Funding Agreement means the Master Funding Agreement entered into by the Company and the Secretary of State on 31st October 2013;

  • CFA means the Central finance Assistance to be provided by the Ministry of New and Renewable Energy Government of India under the Pradhan Mantri Urja Suraksha xxxx Xxxxxxx Xxxxxxxxxxx (PM-XXXXX) scheme as per the Guidelines for Implementation of Feeder Level Solarisation under Component-C of PM- XXXXX Scheme issued on date 4-12-2020 with subsequent amendment/s, if any. “Changein Law” shallhavethemeaningascribedtheretoinArticle12of thisAgreement; “Commercial Operation Date(COD)” shallmeanthedate certified by the DISCOM’s committee upon successful commissioning (as perprovisionsofthis Agreement)ofthe project when all equipments as per rated capacity have been installed and energy has flown into the grid.

  • Liquidity Funding means (a) a purchase made by any Committed Lender pursuant to its Liquidity Commitment of all or any portion of, or any undivided interest in, an applicable Conduit’s Loans, or (b) any Loan made by a Committed Lender in lieu of such Conduit pursuant to Section 1.1.

  • Additional Funding has the meaning prescribed to that term in clause 4.3 of this Agreement.

  • Initial Funding Date means the date on or after the Closing Date, on which all of the conditions described in Section 6.1 have been satisfied (or waived) in a manner satisfactory to the Administrative Agent and the Lenders and on which the initial Loans under this Agreement are made by the Lenders to the Borrower.

  • CDO shall have the meaning assigned to such term in the definition of “Qualified Institutional Lender.”

  • Pre-Funding Amount With respect to any date, the amount on deposit in the Pre-Funding Account.

  • Intercollegiate sport means a sport played at the collegiate level for which eligibility requirements for participation by a student athlete are established by a national association for the promotion or regulation of collegiate athletics.

  • Relevant Funding Agreements means the agreement or agreements entered into by the Company and the Secretary of State under section 1 of the Academies Act 2010 for the establishment of each Academy, including any variation or supplemental agreements thereof;

  • Subordinated Shareholder Funding means, collectively, any funds provided to the Issuer by any Parent, any Affiliate of any Parent or any Permitted Holder or any Affiliate thereof, in exchange for or pursuant to any security, instrument or agreement other than Capital Stock, in each case issued to and held by any of the foregoing Persons, together with any such security, instrument or agreement and any other security or instrument other than Capital Stock issued in payment of any obligation under any Subordinated Shareholder Funding; provided, however, that such Subordinated Shareholder Funding:

  • Project Funding means the funding for the Services;

  • Pre-Funding Period means the period beginning on the Closing Date and ------------------ ending on the earliest of (a) the date on which the amount on deposit in the Pre-Funding Account is less than $10,000, (b) the Funding Termination Date or (c) the date on which an Event of Termination occurs.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) [replaced by The Companies Act, 2013 (No.18 of 2013)] and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund.

  • 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;

  • Residual Funding Facility means any funding arrangement with a financial institution or institutions or other lenders or purchasers under which advances are made to the Company or any Subsidiary based upon residual, subordinated or retained interests in Receivables Entities or any of their respective securities, debt instruments or other Indebtedness.

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

  • student loan means a loan towards a student's maintenance pursuant to any regulations made under section 22 of the Teaching and Higher Education Act 1998, section 73 of the Education (Scotland) Act 1980 or Article 3 of the Education (Student Support) (Northern Ireland) Order 1998 and includes, in Scotland, a young student's bursary paid under regulation 4(1)(c) of the Students’ Allowances (Scotland) Regulations 2007.

  • Asset Management Company/UTI AMC/AMC/Investment Manager means the UTI Asset Management Company Limited incorporated under the Companies Act, 1956, (1 of 1956) replaced by The Companies Act, 2013 (No. 18 of 2013) and approved as such by Securities and Exchange Board of India (SEBI) under sub-regulation (2) of Regulation 21 to act as the Investment Manager to the schemes of UTI Mutual Fund;

  • CFAF means the currency of the Borrower;

  • LLC means Limited Liability Company.

  • Asset Management Plan means a plan created by the department and approved by the state transportation commission or a plan created by a local road agency and approved by the local road agency's governing body that includes provisions for asset inventory, performance goals, risk of failure analysis, anticipated revenues and expenses, performance outcomes, and coordination with other infrastructure owners.

  • Sales finance company means that term as defined in section 2 of the motor vehicle sales finance act, MCL 492.102.