2016/17 Poverty Allowance Expenditure Requirement
2016/17 Calculated Poverty Allowance Expenditure Requirement
State Statute 79-1007.07 (2) states, the department shall determine the poverty allowance expenditures for 2016/17 using the reported expenditures on the annual financial report (AFR) for 2016/17. State Statute 79-1007.07 (3) states, if the poverty allowance expenditures for 2016/17 do not equal 117.65 percent or more of the poverty allowance for 2016/17, the department shall calculate a poverty correction for the 2018/19 state aid calculations. Please use Function code 1160 for Poverty Instructional Programs.
For your information, we have created a report that documents the 2016/17 Calculated Poverty Allowance.
School districts can use this report to help determine whether the expenditures reported on the 2016/17 AFR under Function 1160 are 117.65% or more of the 2016/17 Calculated Poverty Allowance.
- Tom Goeschel: (402) 471-3570 or firstname.lastname@example.org