24 Pa. Stat. § 25-2502.26

Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 25-2502.26 - Limited revenue sources supplement
(a) For the 1992-1993 school year, each school district that does not qualify for any supplement contained in sections 2502.22, 2502.24 and 2502.25 may qualify for payment of a limited revenue sources supplement.
(b) To qualify for such supplement, the district's market value/income aid ratio for the school year immediately preceding the school year for which reimbursement is being paid must be greater than or equal to seven thousand ten-thousandths (0.7000).
(c) The Commonwealth shall pay to each qualifying district, as determined pursuant to subsections (a) and (b), a supplement in an amount equal to the district's average daily membership for the school year for which reimbursement is being paid, multiplied by two percent (2%) of three thousand eight hundred seventy-five dollars ($3,875).

24 P.S. § 25-2502.26

1949, March 10, P.L. 30, No. 14, art. XXV, § 2502.26, added 1993, June 7, P.L. 49, No. 16, § 20, effective 7/1/1993.