Florida 2022 Regular Session

Florida House Bill H0989 Compare Versions

Only one version of the bill is available at this time.

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10	10	F L O R I D A H O U S E O F R E P R E S E N T A T I V E S
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14	14	A bill to be entitled 1
15	15	An act relating to sparsity supplement funds within 2
16	16	the Florida Education Finance Program; amending s. 3
17	17	1011.62, F.S.; prohibiting a school district with a 4
18	18	specified student population from receiving a sparsity 5
19	19	wealth adjustment; providing an effective date. 6
20	20	7
21	21	Be It Enacted by the Legislature of the State of Florida: 8
22	22	9
23	23	Section 1. Paragraph (d) of subsection (7) of section 10
24	24	1011.62, Florida Statutes, is a mended to read: 11
25	25	1011.62 Funds for operation of schools. —If the annual 12
26	26	allocation from the Florida Education Finance Program to each 13
27	27	district for operation of schools is not determined in the 14
28	28	annual appropriations act or the substantive bill implementing 15
29	29	the annual appropriations act, it shall be determined as 16
30	30	follows: 17
31	31	(7) DETERMINATION OF SPARSITY SUPPLEMENT. — 18
32	32	(d) Each district's allocation of sparsity supplement 19
33	33	funds shall be adjusted in the following manner: 20
34	34	1. A maximum discretionary levy per FT E value for each 21
35	35	district shall be calculated by dividing the value of each 22
36	36	district's maximum discretionary levy by its FTE student count. 23
37	37	2. A state average discretionary levy value per FTE shall 24
38	38	be calculated by dividing the total maximum discretionar y levy 25
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47	47	F L O R I D A H O U S E O F R E P R E S E N T A T I V E S
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51	51	value for all districts by the state total FTE student count. 26
52	52	3. A total potential funds per FTE for each district shall 27
53	53	be calculated by dividing the total potential funds, not 28
54	54	including Florida School Recognition Program funds and the 29
55	55	minimum guarantee funds, for each district by its FTE student 30
56	56	count. 31
57	57	4. A state average total potential funds per FTE shall be 32
58	58	calculated by dividing the total potential funds, not including 33
59	59	Florida School Recognition Program funds and the minimum 34
60	60	guarantee funds, for all districts by the state total FTE 35
61	61	student count. 36
62	62	5. For districts that have a levy value per FTE as 37
63	63	calculated in subparagraph 1. higher than the state average 38
64	64	calculated in subparagraph 2., a sparsity wealth adjustment 39
65	65	shall be calculated as the product of the difference between the 40
66	66	state average levy value per FTE calculated in subparagraph 2. 41
67	67	and the district's levy value per FTE calculated in subparagraph 42
68	68	1. and the district's FTE student count and -1. A However, No 43
69	69	district may not shall have a sparsity wealth adjustment that, 44
70	70	when applied to the total potential funds calculated in 45
71	71	subparagraph 3., would cause the district's total potential 46
72	72	funds per FTE to be less than the state average calculated in 47
73	73	subparagraph 4. A district with a student population of 2,000 or 48
74	74	fewer students may not receive a sparsity wealth adjustment. 49
75	75	6. Each district's sparsity supplement allocation shall be 50
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84	84	F L O R I D A H O U S E O F R E P R E S E N T A T I V E S
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88	88	calculated by adding the amount calculated as specified in 51
89	89	paragraphs (a) and (b) and the wealth adjustment amo unt 52
90	90	calculated in this paragraph. 53
91	91	Section 2. This act shall take effect July 1, 2022. 54