Florida Senate - 2022                                    SB 1522
       
       
        
       By Senator Ausley
       
       
       
       
       
       3-01156-22                                            20221522__
    1                        A bill to be entitled                      
    2         An act relating to sparsity supplement funds within
    3         the Florida Education Finance Program; amending s.
    4         1011.62, F.S.; prohibiting a school district with a
    5         specified student population from receiving a sparsity
    6         wealth adjustment; providing an appropriation;
    7         specifying the purpose of the allocation made from the
    8         appropriation to certain school districts; providing
    9         an effective date.
   10          
   11  Be It Enacted by the Legislature of the State of Florida:
   12  
   13         Section 1. Paragraph (d) of subsection (7) of section
   14  1011.62, Florida Statutes, is amended to read:
   15         1011.62 Funds for operation of schools.—If the annual
   16  allocation from the Florida Education Finance Program to each
   17  district for operation of schools is not determined in the
   18  annual appropriations act or the substantive bill implementing
   19  the annual appropriations act, it shall be determined as
   20  follows:
   21         (7) DETERMINATION OF SPARSITY SUPPLEMENT.—
   22         (d) Each district’s allocation of sparsity supplement funds
   23  shall be adjusted in the following manner:
   24         1. A maximum discretionary levy per FTE value for each
   25  district shall be calculated by dividing the value of each
   26  district’s maximum discretionary levy by its FTE student count.
   27         2. A state average discretionary levy value per FTE shall
   28  be calculated by dividing the total maximum discretionary levy
   29  value for all districts by the state total FTE student count.
   30         3. A total potential funds per FTE for each district shall
   31  be calculated by dividing the total potential funds, not
   32  including Florida School Recognition Program funds and the
   33  minimum guarantee funds, for each district by its FTE student
   34  count.
   35         4. A state average total potential funds per FTE shall be
   36  calculated by dividing the total potential funds, not including
   37  Florida School Recognition Program funds and the minimum
   38  guarantee funds, for all districts by the state total FTE
   39  student count.
   40         5. For districts that have a levy value per FTE as
   41  calculated in subparagraph 1. higher than the state average
   42  calculated in subparagraph 2., a sparsity wealth adjustment
   43  shall be calculated as the product of the difference between the
   44  state average levy value per FTE calculated in subparagraph 2.
   45  and the district’s levy value per FTE calculated in subparagraph
   46  1. and the district’s FTE student count and -1. A However, no
   47  district may not shall have a sparsity wealth adjustment that,
   48  when applied to the total potential funds calculated in
   49  subparagraph 3., would cause the district’s total potential
   50  funds per FTE to be less than the state average calculated in
   51  subparagraph 4. A district with a student population of 2,000 or
   52  fewer students may not receive a sparsity wealth adjustment.
   53         6. Each district’s sparsity supplement allocation shall be
   54  calculated by adding the amount calculated as specified in
   55  paragraphs (a) and (b) and the wealth adjustment amount
   56  calculated in this paragraph.
   57         Section 2. For the 2022-2023 fiscal year, the sum of $2
   58  million in nonrecurring funds is appropriated from the General
   59  Revenue Fund to the Department of Education to be allocated to
   60  school districts that experience a decrease in sparsity funds as
   61  a result of the amendment made to s. 1011.62(7)(d)5., Florida
   62  Statutes, by this act. The purpose of such allocation is to
   63  offset the loss of sparsity funds that an affected school
   64  district otherwise would have received.
   65         Section 3. This act shall take effect July 1, 2022.