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H. B. No. 44 As IntroducedAs Introduced
127th General Assembly | Regular Session | 2007-2008 |
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Cosponsors: Representatives Dodd, Evans, McGregor, J., Skindell
A BILL
To amend section 3317.0217 of the Revised Code to change the formula for calculating state parity aid payments to primary and secondary schools.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF OHIO:
Section 1. That section 3317.0217 of the Revised Code be amended to read as follows: Sec. 3317.0217. The department of education shall annually compute and pay state parity aid to school districts, as follows: (A) Calculate the local wealth per pupil of each school
district, which equals the following sum: (1) Two-thirds times the quotient of (a) the district's
recognized valuation divided by (b) its formula ADM; plus (2) One-third times the quotient of (a) the average of the
total federal adjusted gross income of the school district's
residents for the three years most recently reported under section
3317.021 of the Revised Code divided by (b) its formula ADM. (B) Rank all school districts in order of local wealth per
pupil, from the district with the lowest local wealth per pupil to
the district with the highest local wealth per pupil. (C) Compute the per pupil state parity aid funding for each
school
district in accordance with the following formula: (threshold local wealthper pupil - the
district's localwealth per pupil) X 0.0075 0.0097(1) Seven and one-half mills (0.0075) is an adjustment to the original parity aid standard of nine and one-half mills, to account for the general assembly's policy decision to phase-out use of the cost-of-doing-business factor in the base cost formula.
(2) The the "threshold local wealth per pupil" is the local
wealth per pupil of the school district with the
four-hundred-ninetieth lowest local wealth per pupil.
If the result of the calculation for a school district under
division (C) of this section is less than zero, the district's per
pupil parity aid shall be zero. (D) Compute the per pupil alternative parity aid for each
school district that has a combination of an income factor of 1.0
or less, a poverty index of 1.0 or greater, and a fiscal year 2005
cost-of-doing-business factor of 1.0375 or greater, in accordance
with the following formula: Payment percentage X $60,000 X(1 - income factor) X 4/15 X 0.023(1) "Poverty "poverty index" has the same meaning as in section 3317.029
of the Revised Code.
(2) "Payment percentage," for purposes of division (D) of
this section, equals 50% in fiscal year 2002 and 100% after fiscal
year 2002.
(E) Pay each district that has a combination of an income
factor of 1.0 or less, a poverty index of 1.0 or greater, and a fiscal year 2005
cost-of-doing-business factor of 1.0375 or greater, the greater of
the following: (1) The product of the district's per pupil parity aid
calculated under division (C) of this section times its net formula
ADM; (2) The product of its per pupil alternative parity aid
calculated under division (D) of this section times its net formula
ADM. (F) Pay every other district the product of its per pupil
parity aid calculated under division (C) of this section times its net
formula ADM.
(G) As used in divisions (E) and (F) of this section, "net formula ADM" means formula ADM minus the number of internet- and computer-based community school students and scholarship students reported under divisions (B)(3)(e), (f), and (g) of section 3317.03 of the Revised Code.
Section 2. That existing section 3317.0217 of the Revised Code is hereby repealed.
Section 3. Sections 1 and 2 of this act take effect July 1, 2007.
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