(B) Not later than thirty days after the effective date of | 9 |
this section, the Department of Education shall create an | 10 |
alternate equity list for fiscal year 2008 by recalculating each | 11 |
school district's percentile ranking under section 3318.011 of the | 12 |
Revised Code and shall certify the alternate equity list to the | 13 |
Ohio School Facilities Commission. For this purpose, the | 14 |
Department shall recalculate every school district's percentile | 15 |
ranking using the district's "valuation per pupil" as that term is | 16 |
defined in the version of section 3318.011 of the Revised Code in | 17 |
effect on and after September 29, 2007. When recalculating the | 18 |
percentile rankings, the Department shall
use the same values for | 19 |
"average taxable value," "formula ADM," and "income factor," as | 20 |
those terms are defined in section 3318.011 of the Revised Code, | 21 |
that it used in calculating the original equity
list for fiscal | 22 |
year 2008 certified to the Commission on September
5, 2007, and | 23 |
shall not use any updated values for those variables. | 24 |
(C) The Commission shall use the alternate equity list | 25 |
certified under division (B) of this section to determine the | 26 |
priority for assistance under sections 3318.01
to 3318.20 of the | 27 |
Revised Code in fiscal year 2009 for each school district that has | 28 |
not previously been offered funding under those sections. The | 29 |
alternate equity list shall not affect any school district's | 30 |
eligibility for the Exceptional Needs School Facilities Assistance | 31 |
Program under section 3318.37 of the Revised Code. | 32 |