Equalization Aid

Introduction to Tutorial Formula Chart Equalization Aid ♣ Overview Formula Need Formula Resources ♣ Introduction Sum of Yield from Local Effort Rate Net Option Funding Allocated Income Tax Funds Minimum Levy Adjustment Other Actual Receipts ♣ Additional Funding Other Factors Total State Aid

Other Actual Receipts

Other receipts include:

1. Public power district sales tax revenue;
   
   
2. Fines and license fees;
   
   
3. Tuition receipts from individuals, other districts, or any other source except from adult education and from converted contracts;
   
   
4. Transportation receipts;
   
   
5. Interest on investments;
   
   
6. Other miscellaneous noncategorical local receipts (not including receipts from private foundations, individuals, associations, or charitable organizations);
   
   
7. Special education receipts, excluding grant funds received from the Education Innovation Fund;
   
   
8. Special education receipts and non-special education receipts from the state for wards of the court and wards of the state;
   
   
9. Receipts from the temporary school fund for state apportionment and property leased for a public purpose;
   
   
10. Motor vehicle tax receipts received on or after January 1, 1998;
    
    
11. Pro rata motor vehicle license fee receipts;
    
    
12. Other miscellaneous state receipts excluding revenue from the textbook loan program;
    
    
13. Impact aid entitlements for the school fiscal year which have actually been received by the district to the extent allowed by federal law;
    
    
14. All other noncategorical federal receipts;
    
    
15. All receipts pursuant to the enrollment option program;
    
    
16. Receipts under the federal Medicare Catastrophic Coverage Act of 1988 (but only to the extent of the amount the local system would have otherwise received under the Special Education Act.); and
    
    
17. Receipts for accelerated or differentiated curriculum programs.