STEP ONE: Determine the result of:
STEP TWO: Determine the result of:
STEP THREE: Determine the result of:
STEP FOUR: Determine the lesser of one (1) or the result of:
However, the state board may, by rules adopted under IC 4-22-2, specify an equivalent formula if the state board determines that the equivalent formula would more accurately reflect the instructional services provided by a school corporation during a period that a particular ADM count is in effect for the school corporation.
IC 20-43-4-6
Pre-2006 Recodification Citations: 21-3-1.6-1.1(d) part; 21-3-1.6-1.2.