§ 256C.5 — Funding formula

Iowa § 256C.5

• Jurisdiction: Iowa
• Title VII: EDUCATION, HISTORY, AND CULTURE
• Ch. 256C: STATEWIDE PRESCHOOL PROGRAM FOR FOUR-YEAR-OLD CHILDREN

Text

1. Definitions. For the purposes of this section and section 256C.4:
5 STATEWIDE PRESCHOOL PROGRAM FOR FOUR-YEAR-OLD CHILDREN, §256C.6
a. “Base year”, “budget year”, “regular program state cost per pupil”, and “school district”
mean the same as defined or described in chapter 257.
b. “Eligible student” means a child who meets eligibility requirements under section
256C.4.
c. “Preschoolbudgetenrollment”meansthefigurethatisequaltofiftypercentoftheactual
enrollment of eligible students in the preschool programming provided by a school district
approved to participate in the preschool program on October 1 of the base year, or the first
Monday in October if October 1 falls on a Saturday or Sunday.
d. “Preschool foundation aid” means the product of the regular program state cost per
pupil for the budget year multiplied by the school district’s preschool budget enrollment.
2. Preschool foundation aid district amount.
a. For the initial school year for which a school district approved to participate in the
preschool program receives that approval and implements the preschool program, the
funding for the preschool foundation aid payable to that school district shall be paid from
the appropriation made for that school year in section 256C.6, Code 2011, or in another
appropriation made for purposes of this chapter. For that school year, the preschool
foundation aid payable to the school district is the product of the regular program state
cost per pupil for the school year multiplied by sixty percent of the school district’s eligible
student enrollment on the date in the school year determined by rule.
b. For budget years subsequent to the initial school year for which a school district
approved to participate in the preschool program receives that initial approval and
implements the preschool program, the funding for the preschool foundation aid payable to
that school district shall be paid from the appropriation made in section 257.16. Continuation
of a school district’s participation in the preschool program for a second or subsequent
budget year is subject to the approval of the department based upon the school district’s
compliance with accountability provisions and the department’s on-site review of the school
district’s implementation of the preschool program.
3. Aidpayments. Preschoolfoundationaidshallbepaidaspartofthestateaidpayments
made to school districts in accordance with section 257.16.
4. Administration and oversight. Except as otherwise provided by law for a fiscal
year, of the amount appropriated for that fiscal year for payment of preschool foundation
aid statewide, the department may use an amount sufficient to fund up to three full-time
equivalent positions which shall be in addition to the number of positions authorized for the
fiscal year, as necessary to provide administration and oversight of the preschool program.