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Equalization Aid


  1. Introduction to Tutorial
  2. Formula Chart
  3. Equalization Aid ♣
    1. Overview
    2. Formula Need ♣
      1. Introduction ♣
      2. Adjusted Weighted Formula Students
      3. Cost Grouping Cost Per Student
      4. Transportation Allowance
      5. Special Receipts Allowance
      6. Temporary Aid Adjustment Factor
    3. Formula Resources
  4. Additional Funding
  5. Other Factors
  6. Total State Aid

SOURCE

Introduction to Formula Needs


First Phase:
Calculate Adjusted Weighted Formula Students

Second Phase:
Calculate Average Cost Per Student in each Cost Grouping

Third Phase:
Calculate Transportation Allowance

Fourth Phase:
Calculate Special Receipts Allowance

Fifth Phase:
Calculate Subtotal of Formula Need

Sixth Phase:
Apply Temporary Aid Adjustment Factor
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