| 1 | A bill to be entitled |
| 2 | An act relating to funds for the operation of schools; |
| 3 | amending s. 1011.62, F.S.; revising provisions relating to |
| 4 | the manner in which each school district's allocation of |
| 5 | sparsity supplement funds shall be adjusted; providing an |
| 6 | effective date. |
| 7 |
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| 8 | Be It Enacted by the Legislature of the State of Florida: |
| 9 |
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| 10 | Section 1. Subsection (6) of section 1011.62, Florida |
| 11 | Statutes, is amended to read: |
| 12 | 1011.62 Funds for operation of schools.--If the annual |
| 13 | allocation from the Florida Education Finance Program to each |
| 14 | district for operation of schools is not determined in the |
| 15 | annual appropriations act or the substantive bill implementing |
| 16 | the annual appropriations act, it shall be determined as |
| 17 | follows: |
| 18 | (6) DETERMINATION OF SPARSITY SUPPLEMENT.-- |
| 19 | (a) Annually, in an amount to be determined by the |
| 20 | Legislature through the General Appropriations Act, there shall |
| 21 | be added to the basic amount for current operation of the FEFP |
| 22 | qualified districts a sparsity supplement which shall be |
| 23 | computed as follows: |
| 24 |
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| | |
| Sparsity Factor = | 1101.8918____2700 + district sparsity index | -0.1101 |
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| 25 |
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| 26 | except that districts with a sparsity index of 1,000 or less |
| 27 | shall be computed as having a sparsity index of 1,000, and |
| 28 | districts having a sparsity index of 7,308 and above shall be |
| 29 | computed as having a sparsity factor of zero. A qualified |
| 30 | district's full-time equivalent student membership shall equal |
| 31 | or be less than that prescribed annually by the Legislature in |
| 32 | the appropriations act. The amount prescribed annually by the |
| 33 | Legislature shall be no less than 17,000, but no more than |
| 34 | 24,000. |
| 35 | (b) The district sparsity index shall be computed by |
| 36 | dividing the total number of full-time equivalent students in |
| 37 | all programs in the district by the number of senior high school |
| 38 | centers in the district, not in excess of three, which centers |
| 39 | are approved as permanent centers by a survey made by the |
| 40 | Department of Education. |
| 41 | (c) Each district's allocation of sparsity supplement |
| 42 | funds shall be adjusted in the following manner: |
| 43 | 1. A maximum discretionary levy per FTE value for each |
| 44 | district shall be calculated by dividing the value of each |
| 45 | district's maximum discretionary levy by its FTE student count.; |
| 46 | 2. A state average discretionary levy value per FTE shall |
| 47 | be calculated by dividing the total maximum discretionary levy |
| 48 | value for all districts by the state total FTE student count.; |
| 49 | 3. A total potential funds per FTE for each district shall |
| 50 | be calculated by dividing the total potential funds, not |
| 51 | including minimum guarantee, for each district by its FTE |
| 52 | student count. |
| 53 | 4. A state average total potential funds per FTE shall be |
| 54 | calculated by dividing the total potential funds, not including |
| 55 | minimum guarantee, for all districts by the state total FTE |
| 56 | student count. |
| 57 | 5.3. For districts that have a levy value per FTE as |
| 58 | calculated in subparagraph 1. higher than the state average |
| 59 | calculated in subparagraph 2., a sparsity wealth adjustment |
| 60 | shall be calculated as the product of the difference between the |
| 61 | state average levy value per FTE calculated in subparagraph 2. |
| 62 | and the district's levy value per FTE calculated in subparagraph |
| 63 | 1. and the district's FTE student count and -1. However, no |
| 64 | district shall have a sparsity wealth adjustment which, when |
| 65 | applied to the total potential funds in subparagraph 3., would |
| 66 | cause the district's total potential funds per FTE to be less |
| 67 | than the state average in subparagraph 4.; |
| 68 | 6.4. Each district's sparsity supplement allocation shall |
| 69 | be calculated by adding the amount calculated as specified in |
| 70 | paragraphs (a) and (b) and the wealth adjustment amount |
| 71 | calculated in this paragraph. |
| 72 | Section 2. This act shall take effect July 1, 2005. |