Poverty Allowance Expenditure Requirement
2021/22 Calculated Poverty Allowance Expenditure Requirement
State Statute 79-1007.07 (2) states, the department shall determine the poverty allowance expenditures for 2021/22 using the reported expenditures on the annual financial report (AFR) for 2021/22. State Statute 79-1007.07 (3) states, if the poverty allowance expenditures for 2021/22 do not equal 117.65 percent or more of the poverty allowance for 2021/22, the department shall calculate a poverty correction for the 2023/24 state aid calculations. Please use Function code 1160 for Poverty Instructional Programs.
For your information, we have created a report that documents the 2021/22 Calculated Poverty Allowance.
School districts can use this report to help determine whether the expenditures reported on the 2021/22 AFR under Function 1160 are 117.65% or more of the 2021/22 Calculated Poverty Allowance.
- Kevin Lyons: (402) 450-1418 or email@example.com