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Title 4 . Education and Early Development
Chapter 9 . (Repealed)
Section 11. Calculation of supplement public school funding floor

4 AAC 09.011. Calculation of supplement public school funding floor

(a) The supplementary public school funding floor for a district under AS 14.17.490 is calculated as follows:

(1) "public school funding" is the funding amount for a district for fiscal year 1999 as calculated under AS 14.17.410 (b)(1);

(2) "state aid" is equal to

(A) the amount of state foundation aid for a district for fiscal year 1999 as calculated under former AS 14.17.021 , 14.17.022, 14.17.024, and 14.17.026, as those provisions read on January 1, 1998, applied to the district's reported student count for the 1998 - 1999 school year as calculated under former AS 14.17.160 and 4 AAC 09.015 as those provisions read on January 1, 1998; plus

(B) additional district support appropriated by the legislature for fiscal year 1998.

(b) If the amount calculated for a district under (a)(2) of this section is greater than the amount calculated for that district under (a)(1) of this section, that difference is the supplementary public school funding floor under AS 14.17.490 for that district.

History: Eff. 7/22/99, Register 151

Authority: AS 14.07.060

AS 14.17.490

AS 14.17.920

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Last modified 7/05/2006