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Madison School District gets one-time boost from special-education excess cost grant, nets roughly $91,000
Summary
District staff told the Board of Education Finance Committee that a statewide one-year increase to the special-education excess cost grant yields about $91,000 more for Madison this fiscal year; the change does not affect next year’s state budget process.
Dr. Cooker, a district staff member, told the Madison School District Board of Education Finance Committee that the state added $40,000,000 to the special-education excess cost grant for this year only, and that the change does not affect the next fiscal year while it remains in the state budget process.
The new state calculation “actually equates to 72.8% of the total,” Dr. Cooker said. Because the district had budgeted conservatively, the district’s net result from the revised calculation is about…
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