2010-11 Final SEEK and Pro Rata Reduction
description
Transcript of 2010-11 Final SEEK and Pro Rata Reduction
![Page 1: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/1.jpg)
Presented by: Jennifer RoweKentucky Department of Education
February 1, 201111:00 am EST
![Page 2: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/2.jpg)
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)
![Page 3: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/3.jpg)
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
![Page 4: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/4.jpg)
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
![Page 5: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/5.jpg)
=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
![Page 6: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/6.jpg)
×**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
=
![Page 7: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/7.jpg)
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
-- =
![Page 8: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/8.jpg)
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
![Page 9: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/9.jpg)
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
![Page 10: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/10.jpg)
**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
=
![Page 11: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/11.jpg)
**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
=×
![Page 12: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/12.jpg)
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
-- =
![Page 13: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/13.jpg)
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
![Page 14: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/14.jpg)
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
![Page 15: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/15.jpg)
** 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
=
![Page 16: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/16.jpg)
**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
× =
![Page 17: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/17.jpg)
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
-- =
![Page 18: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/18.jpg)
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
![Page 19: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/19.jpg)
** 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
=
![Page 20: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/20.jpg)
**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
=×
![Page 21: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/21.jpg)
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
-- =
![Page 22: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/22.jpg)
**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
=
![Page 23: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/23.jpg)
**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
×=
![Page 24: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/24.jpg)
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
![Page 25: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/25.jpg)
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
=
![Page 26: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/26.jpg)
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
=×
![Page 27: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/27.jpg)
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%
-
-
![Page 28: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/28.jpg)
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
![Page 29: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/29.jpg)
Per-pupil base is $3,903 Statewide equalization of $736,000 Pro Rata Adjustment No SFSF- General Funds only
![Page 30: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/30.jpg)
![Page 31: 2010-11 Final SEEK and Pro Rata Reduction](https://reader035.fdocuments.net/reader035/viewer/2022062801/5681443d550346895db0d8aa/html5/thumbnails/31.jpg)
Please send questions to:
Chay Ritter @ [email protected] or
Jennifer Rowe @ [email protected]
You may reach either one of us @ 502-564-3846.