Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Funding Protections topic
No spam. Unsubscribe anytime.
DOE explains BEP transition, 5% safety net and new funding floor for districts
Summary
DOE briefed senators that BEP transition payments are stepping down (this will be the final transition year for those payments), a 5% safety net protects districts from losing more than 5% of prior-year funding, and a new funding floor will top up districts that see declines in non-virtual enrollment and lower TISA allocations.
Get email alerts on the Funding Protections topic
No spam. Unsubscribe anytime.
Mary Ann Dursky told the committee there are three separate provisions outside the base TISA formula that provide additional support to districts: the BEP transition, a 5% safety net and a funding floor.
Dursky said the BEP transition provided stepped funding for districts that would have received less under TISA than under BEP; she stated that three districts will receive BEP transition funding this year and originally seven districts qualified when the transition began. On the safety net, Dursky said the 5% safety net "ensures that a district's total TISA allocation will not be less than 95% of what they received the previous year," and described that as helpful for districts with declining enrollment. She also described a new funding floor coming into play this year that will provide additional state funding to districts whose FY27 TISA allocation is less than the prior year and who have a decline in non-virtual enrollment; DOE will run the first FY27 projection at the end of February and notify districts that may qualify.
Committee members asked for a district-level breakdown and for statewide dollar totals related to the one-year 75% hold-harmless in last year's appropriation; Dursky said she would return with that analysis.
