Beginning with appropriations for school year 1998-99, state funds appropriated by the General Assembly for school district employer contributions must be allocated to individual school districts based on the Education Finance Act formula. State appropriations for school district employer contributions for school years before 1998-99 must be allocated using the EFA formula and the weighted pupil method in the following percentages:
School Year Weighted Pupil Method EFA Formula 1994-95 forty percent sixty percent 1995-96 thirty percent seventy percent 1996-97 twenty percent eighty percent 1997-98 ten percent ninety percent.
HISTORY: 1994 Act No. 497, Part II, Section 94.