Poverty Allowance Expenditure Requirement
2020/21 Calculated Poverty Allowance Expenditure Requirement
State Statute 79-1007.07 (2) states, the department shall determine the poverty allowance expenditures for 2020/21 using the reported expenditures on the annual financial report (AFR) for 2020/21. State Statute 79-1007.07 (3) states, if the poverty allowance expenditures for 2020/21 do not equal 117.65 percent or more of the poverty allowance for 2020/21, the department shall calculate a poverty correction for the 2022/23 state aid calculations. Please use Function code 1160 for Poverty Instructional Programs.
For your information, we have created a report that documents the 2020/21 Calculated Poverty Allowance.
School districts can use this report to help determine whether the expenditures reported on the 2020/21 AFR under Function 1160 are 117.65% or more of the 2020/21 Calculated Poverty Allowance.
- Kevin Lyons: (402) 450-1418 or firstname.lastname@example.org