Post on 12-Jan-2016
description
Presented by: Jennifer RoweKentucky Department of Education
February 1, 201111:00 am EST
One Page 2010-2011 Final SEEK Calculation for your districtSupport Education Excellence in Kentucky (SEEK)
Total Pro Rata Reduction for 2010-2011 SEEK Final Support Education Excellence in Kentucky (SEEK)
624,600 58,376
37,419
100,104
22,431
-
842,930
BASE SEEK ADJUSTMENT
S
TIER 1 ADJUST- MENTS
FSPK ADJUST-MENTS
ORIGINAL
GROWTH NICKEL ADJUST-MENTS
RECALL NICKEL ADJUST-MENTS
EFF NICKEL ADJUST-MENTS
TOTAL PRO RATA
REDUC-TION
Total Pro Rata Reduction for 2010-2011
SEEK Final
Total Calculated Base SEEK - 30 cent local
effort + Hold Harmless + Prior Year
Adjustment + SFSF
District % of Total
SEEK
District % of SEEK
Shortage
Total Base SEEK
Funding Amount after Pro
Rata Reduction
33,337,835 1.582%
624,600
32,713,235
=Base SEEK State Total
$2,107,086,443
Total Calculated Base SEEK - 30 cent local
effort + Hold Harmless + Prior Year
Adjustment + SFSF
District % of Total
SEEK
District % of SEEK
Shortage
Total Base SEEK
Funding Amount after Pro
Rata Reduction
33,337,835 1.582%
624,600
32,713,235
×**Total Base SEEK Shortage
$39,477,243
Total Calculated Base SEEK - 30 cent local
effort + Hold Harmless + Prior Year
Adjustment + SFSF
District % of Total
SEEK
District % of SEEK
Shortage
Total Base SEEK
Funding Amount after Pro
Rata Reduction
33,337,835 1.582%
624,600
32,713,235
=
Total Calculated Base SEEK - 30 cent local
effort + Hold Harmless + Prior Year
Adjustment + SFSF
District % of Total
SEEK
District % of SEEK
Shortage
Total Base SEEK
Funding Amount after Pro
Rata Reduction
33,337,835 1.582%
624,600
32,713,235
-- =
624,600 58,376
37,419
100,104
22,431
-
842,930
BASE SEEK ADJUSTMENT
S
TIER 1 ADJUST- MENTS
FSPK ADJUST-MENTS
ORIGINAL
GROWTH NICKEL ADJUST-MENTS
RECALL NICKEL ADJUST-MENTS
EFF NICKEL ADJUST-MENTS
TOTAL PRO RATA
REDUC-TION
Total Pro Rata Reduction for 2010-2011
SEEK Final
Total Tier 1 Before Pro Rata Reduction
District % of Tier 1 Funding
District % of Tier 1 Shortage
Total Tier 1 Funding Amount after Pro
Rata Reduction
2,068,953 1.158%
58,376
2,010,577
**Tier I State Total $178,616,125
Total Tier 1 Before Pro Rata Reduction
District % of Tier 1 Funding
District % of Tier 1 Shortage
Total Tier 1 Funding Amount after Pro
Rata Reduction
2,068,953 1.158%
58,376
2,010,577
=
**Total Tier I Shortage$5,039,725
Total Tier 1 Before Pro Rata Reduction
District % of Tier 1 Funding
District % of Tier 1 Shortage
Total Tier 1 Funding Amount after Pro
Rata Reduction
2,068,953 1.158%
58,376
2,010,577
=×
Total Tier 1 Before Pro Rata Reduction
District % of Tier 1 Funding
District % of Tier 1 Shortage
Total Tier 1 Funding Amount after Pro
Rata Reduction
2,068,953 1.158%
58,376
2,010,577
-- =
624,600 58,376
37,419
100,104
22,431
-
842,930
BASE SEEK ADJUSTMENT
S
TIER 1 ADJUST- MENTS
FSPK ADJUST-MENTS
ORIGINAL
GROWTH NICKEL ADJUST-MENTS
RECALL NICKEL ADJUST-MENTS
EFF NICKEL ADJUST-MENTS
TOTAL PRO RATA
REDUC-TION
Total Pro Rata Reduction for 2010-2011
SEEK Final
Total FSPK Before Pro Rata Reduction
District % of FSPK Funding
District % of FSPK
Shortage
Total FSPK Funding Amount after Pro
Rata Reduction
982,096 1.228%
37,420 944,677
** FSPK State Totals $79,969,026
Total FSPK Before Pro Rata Reduction
District % of FSPK Funding
District % of FSPK
Shortage
Total FSPK Funding Amount after Pro
Rata Reduction
982,096 1.228%
37,420 944,677
=
**Total FSPK Shortage$3,046,926
Total FSPK Before Pro Rata Reduction
District % of FSPK Funding
District % of FSPK
Shortage
Total FSPK Funding Amount after Pro
Rata Reduction
982,096 1.228%
37,420 944,677
× =
Total FSPK Before Pro Rata Reduction
District % of FSPK Funding
District % of FSPK
Shortage
Total FSPK Funding Amount after Pro
Rata Reduction
982,096 1.228%
37,420 944,677
-- =
624,600 58,376
37,419
100,104
22,431
-
842,930
BASE SEEK ADJUSTMENT
S
TIER 1 ADJUST- MENTS
FSPK ADJUST
-MENTS
ORIGINAL GROWTH NICKEL ADJUST-MENTS
RECALL NICKEL ADJUST-MENTS
EFF NICKEL ADJUST-MENTS
TOTAL PRO RATA
REDUC-TION
Total Pro Rata Reduction for 2010-2011
SEEK Final
** Growth Nickel State Total$16,081,920
Total Original Growth Funding Amount Before Pro Rata
Reduction
District % of Original
Growth Funding
District % of Original
Growth Shortage
Total Original Growth Funding Amount after Pro
Rata Reduction
982,096 6.107% 100,104
881,992
=
**Total Growth Nickel Shortage$1,639,220
Total Original Growth Funding Amount Before Pro Rata
Reduction
District % of Original
Growth Funding
District % of Original
Growth Shortage
Total Original Growth Funding Amount after Pro
Rata Reduction
982,096 6.107% 100,104
881,992
=×
Total Original Growth Funding Amount Before Pro Rata
Reduction
District % of Original
Growth Funding
District % of Original
Growth Shortage
Total Original Growth Funding Amount after Pro
Rata Reduction
982,096 6.107% 100,104
881,992
-- =
**Recall Nickel State Total$8,367,414
Total Recallable Nickel Funding Amount Before Pro Rata
Reduction
District % of
Recallable Nickel
Funding
District % of
Recallable Nickel
Shortage
Total Recallable
Nickel Funding Amount after Pro
Rata Reduction
982,096 11.737% 22,431
959,665
=
**Total Recall Nickel Shortage$191,114
Total Recallable Nickel Funding Amount Before Pro Rata
Reduction
District % of
Recallable Nickel
Funding
District % of
Recallable Nickel
Shortage
Total Recallable
Nickel Funding Amount after Pro
Rata Reduction
982,096 11.737% 22,431
959,665
×=
Total Recallable Nickel Funding Amount Before Pro Rata
Reduction
District % of
Recallable Nickel
Funding
District % of
Recallable Nickel
Shortage
Total Recallable
Nickel Funding Amount after Pro
Rata Reduction
982,096 11.737% 22,431
959,665
Total EFF Nickel Funding Amount Before Pro rata
Reduction
District % of EFF Nickel
Funding
District % of EFF Nickel
Shortage
Total Recallable
EFF Funding Amount after Pro
Rata Reduction
- 0.000%
-
-
**EFF Nickel State Total $6,672,684
=
Total EFF Nickel Funding Amount Before Pro rata
Reduction
District % of EFF Nickel
Funding
District % of EFF Nickel
Shortage
Total Recallable
EFF Funding Amount after Pro
Rata Reduction
- 0.000%
-
-
**Total EFF Nickel Shortage$224,484
=×
Total EFF Nickel Funding Amount Before Pro rata
Reduction
District % of EFF Nickel
Funding
District % of EFF Nickel
Shortage
Total Recallable
EFF Funding Amount after Pro
Rata Reduction
- 0.000%
-
-
624,600 58,376
37,419
100,104
22,431
-
842,930
BASE SEEK ADJUSTMENT
S
TIER 1 ADJUST- MENTS
FSPK ADJUST-MENTS
ORIGINAL
GROWTH NICKEL ADJUST-MENTS
RECALL NICKEL ADJUST-MENTS
EFF NICKEL ADJUST-MENTS
TOTAL PRO RATA
REDUC-TION
Total Pro Rata Reduction for 2010-2011
SEEK Final
Per-pupil base is $3,903 Statewide equalization of $736,000 Pro Rata Adjustment No SFSF- General Funds only
Please send questions to:
Chay Ritter @ Chay.Ritter@education.ky.gov or
Jennifer Rowe @ Jennifer.Rowe@education.ky.gov
You may reach either one of us @ 502-564-3846.