Tenn. Comp. R. & Regs. 0520-01-12-.05

Current through December 10, 2024
Section 0520-01-12-.05 - CALCULATION OF FUNDS
(1) For general education students, the Department shall calculate the daily rate of funds to be transferred from the Home LEA to the Receiving LEA to be used for the student's education. The funds shall be allocated on a prorated daily basis for the length of the student's incarceration. The funds shall be calculated as follows:
(a) Per pupil state and local funds generated through the state's K-12 education funding formula and additional local funds received by the LEA in the prior fiscal year divided by the average daily membership (ADM) from the prior fiscal year to equal the per pupil state and local funding;
(b) The per pupil state and local funding is then divided by the one hundred eighty (180) days to equal the total daily rate.
(2) For students receiving special education services, the Receiving LEA shall receive per pupil state and local funds generated through the state's K-12 education funding formula.

Tenn. Comp. R. & Regs. 0520-01-12-.05

Original rule filed January 10, 2018; effective April 10, 2018. Amendments filed April 24, 2023; effective July 23, 2023. Amendments filed November 30, 2023; effective 2/28/2024.

Authority: T.C.A. § 49-6-3023.