Rhode Island § 16-7.2-4 § 16-7.2-4. Determination of state's share.

Rhode Island Statutes

§ 16-7.2-4 — § 16-7.2-4. Determination of state's share.

Rhode Island § 16-7.2-4

Title 16Education

Ch. 16-7.2The Education Equity and Property Tax Relief Act

This text of Rhode Island § 16-7.2-4 (§ 16-7.2-4. Determination of state's share.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 16-7.2-4 (2026).

Text

§ 16-7.2-4. Determination of state's share.
(a) For each district, the state's share of the foundation education aid calculated pursuant
            to § 16-7.2-3(a) shall use a calculation that considers a district's revenue-generating capacity and
            concentration of high-need students. The calculation is the square root of the sum
            of the state share ratio for the community calculation, pursuant to § 16-7-20, squared plus the district's percentage of students in grades PK-6 in poverty status
            squared, divided by two.
         
If this calculation results in a state share ratio that is less than the state share
            ratio for the community cal

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§ 16-7.2-4. Determination of state's share.

(a) For each district, the state's share of the foundation education aid calculated pursuant to § 16-7.2-3(a) shall use a calculation that considers a district's revenue-generating capacity and concentration of high-need students. The calculation is the square root of the sum of the state share ratio for the community calculation, pursuant to § 16-7-20, squared plus the district's percentage of students in grades PK-6 in poverty status squared, divided by two.

If this calculation results in a state share ratio that is less than the state share ratio for the community calculated pursuant to § 16-7-20(a) and that district's poverty status percentage as defined in § 16-7.2-3(a)(2) is greater than fifty percent (50%), the state share ratio shall be equal to the state share ratio for the community calculated pursuant to § 16-7-20(a).

(b) For purposes of determining the state's share, school district student data used in this calculation shall include charter school and state school students. These ratios are used in the permanent foundation education aid formula calculation described in § 16-7.2-5.

(c) There shall be a poverty loss stabilization fund for districts that experience a decline in the state share ratio calculated pursuant to subsection (a) of this section from the prior year of more than 2.0 percent (2%). The amount shall be equal to fifty percent (50%) of the difference in the amount of permanent foundation education aid received pursuant to § 16-7.2-3 received in the prior year.

Legislative History

P.L. 2010, ch. 124, § 4; P.L. 2010, ch. 125, § 4; P.L. 2013, ch. 501, § 23; P.L. 2016, ch. 142, art. 11, § 2; P.L. 2023, ch. 79, art. 8, § 2, effective June 16, 2023.