Poverty Allowance Expenditure Requirement
2017/18 Calculated Poverty Allowance Expenditure Requirement
State Statute 79-1007.07 (2) states, the department shall determine the poverty allowance expenditures for 2017/18 using the reported expenditures on the annual financial report (AFR) for 2017/18. State Statute 79-1007.07 (3) states, if the poverty allowance expenditures for 2017/18 do not equal 117.65 percent or more of the poverty allowance for 2017/18, the department shall calculate a poverty correction for the 2019/20 state aid calculations. Please use Function code 1160 for Poverty Instructional Programs.
For your information, we have created a report that documents the 2017/18 Calculated Poverty Allowance.
School districts can use this report to help determine whether the expenditures reported on the 2017/18 AFR under Function 1160 are 117.65% or more of the 2017/18 Calculated Poverty Allowance.
- Jen Utemark: (402) 471-3323 or email@example.com