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. AHowever, no47 district may notshallhave 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.