256C.5 - FUNDING FORMULA.
256C.5 FUNDING FORMULA.
1. Definitions. For the purposes of this section and section
256C.4:
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. "Preschool budget enrollment" means the figure that is
equal to sixty percent of the actual 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 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. Aid payments. Preschool foundation aid shall be paid as
part of the state aid payments 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. Section History: Recent Form
2007 Acts, ch 148, §5; 2008 Acts, ch 1181, §69, 74