Section 25-2502.44 - Basic education funding for 2004-2005 school yearFor the 2004-2005 school year, the Commonwealth shall pay to each school district a basic education funding allocation which shall consist of the following:
(1) An amount equal to the basic education funding allocation for the 2003-2004 school year pursuant to sections 2502.13, 2502.30(a.1) and (a.2), 2502.43 and 2504.4. (2) Where the school district received a grant under section 1709-B during the 2004-2005 school year but is not eligible to receive such a grant during the 2005-2006 school year, an amount equal to the grant amount it received during the 2004-2005 school year multiplied by fifty percent (50%).(3) An amount equal to any payment made pursuant to section 2502.10 during the 2004-2005 school year.(4) A base supplement calculated as follows: (i) If the school district's 2005-2006 market value/income aid ratio is equal to or greater than seven thousand ten-thousandths (.7000):(A) Multiply the school district's 2005-2006 market value/income aid ratio by its 2004-2005 average daily membership.(B) Multiply the product from clause (A) by twelve million five hundred thousand dollars ($12,500,000).(C) Divide the product from clause (B) by the sum of the products of the 2005-2006 market value/income aid ratio multiplied by the 2004-2005 average daily membership for all qualifying school districts.(ii) If the school district's 2005-2006 market value/income aid ratio is equal to or greater than five thousand ten-thousandths (.5000) and less than seven thousand ten-thousandths (.7000): (A) Multiply the school district's 2005-2006 market value/income aid ratio by its 2004-2005 average daily membership.(B) Multiply the product from clause (A) by forty million dollars ($40,000,000).(C) Divide the product from clause (B) by the sum of the products of the 2005-2006 market value/income aid ratio multiplied by the 2004-2005 average daily membership for all qualifying school districts.(iii) If the school district's 2005-2006 market value/income aid ratio is less than five thousand ten-thousandths (.5000):(A) Multiply the school district's 2005-2006 market value/income aid ratio by its 2004-2005 average daily membership.(B) Multiply the product from clause (A) by five million five hundred thousand dollars ($5,500,000).(C) Divide the product from clause (B) by the sum of the products of the 2005-2006 market value/income aid ratio multiplied by the 2004-2005 average daily membership for all qualifying school districts.(5) A temporary special assistance supplement for qualifying school districts as follows: (i) To qualify for the temporary special assistance supplement, the school district's 2003-2004 current expenditure per average daily membership must be less than ninety-seven and eight-tenths percent (97.8%) of the 2003-2004 median current expenditure per average daily membership.(ii) The temporary special assistance supplement shall be calculated for qualifying school districts as follows:(A) Multiply the school district's 2004-2005 average daily membership by its 2005-2006 market value/income aid ratio.(B) Multiply the product from clause (A) by the lesser of: (1) thirty-five dollars ($35); or(2) the difference between the value of ninety-seven and eight-tenths (97.8%) percent of the 2003-2004 median current expenditure per average daily membership and the school district's 2003-2004 current expenditure per average daily membership.(iii) If a qualifying school district's 2003 equalized millage is equal to or greater than twenty and seven-tenths (20.7) equalized mills and less than twenty-four and two-tenths (24.2) equalized mills, it shall receive an additional payment calculated as follows:(A) Multiply the school district's 2004-2005 average daily membership by the school district's 2005-2006 market value/income aid ratio.(B) Multiply the product from clause (A) by forty-five dollars ($45).(iv) If a qualifying school district's 2003 equalized millage is equal to or greater than twenty-four and two-tenths (24.2) equalized mills, it shall receive an additional payment calculated as follows:(A) Multiply the school district's 2004-2005 average daily membership by the school district's 2005-2006 market value/income aid ratio.(B) Multiply the product from clause (A) by fifty-five dollars ($55).(v) A school district that qualifies for the temporary special assistance supplement under this paragraph shall receive an amount equal to the sum of the amounts under subparagraphs (ii), (iii) and (iv).(6) A poverty supplement calculated for qualifying school districts as follows: (i) To qualify for the poverty supplement, a school district's 2005- 2006 market value/income aid ratio must be equal to or greater than six thousand five hundred ten-thousandths (.6500), and its personal income valuation, when divided by its 2004-2005 average daily membership, must be equal to or less than one hundred five thousand dollars ($105,000).(ii) The poverty supplement shall be calculated for qualifying school districts as follows: (A) Multiply the school district's 2004-2005 average daily membership by seventeen million dollars ($17,000,000).(B) Divide the product from clause (A) by the sum of the 2004-2005 average daily membership for all qualifying school districts.(7) A tax effort supplement calculated for qualifying school districts as follows:(i) To qualify for the tax effort supplement, a school district's 2003 equalized millage must be equal to or greater than twenty and eight-tenths (20.8) equalized mills.(ii) The tax effort supplement shall be calculated for qualifying school districts as follows:(A) Multiply the school district's 2004-2005 average daily membership by nine million dollars ($9,000,000).(B) Divide the product from clause (A) by the sum of the 2004-2005 average daily membership for all qualifying school districts.(8) A growth supplement calculated for qualifying school districts as follows:(i) To qualify for the growth supplement, a school district's 2004-2005 average daily membership must be greater than its 2003-2004 average daily membership.(ii) The growth supplement shall be calculated for qualifying school districts as follows: (A) Subtract the school district's 2003-2004 average daily membership from its 2004-2005 average daily membership and multiply the difference by its 2005-2006 market value/income aid ratio.(B) Multiply the difference from clause (A) by nine million five hundred thousand dollars ($9,500,000).(C) Divide the product from clause (B) by the sum of the differences from clause (A) for all qualifying school districts.(9) Each school district shall receive additional funding as necessary so that the sum of the amounts under section 2502.13 and paragraphs (4), (5), (6), (7) and (8) and this paragraph shall equal at least two percent (2%) of the amount in paragraph (1).1949, March 10, P.L. 30, No. 14, art. XXV, § 2502.44, added 2005 , July 13, P.L. 226, No. 46, § 22, imd. effective.