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2010-11 Final SEEK and Pro Rata Reduction

2010-11 Final SEEK and Pro Rata Reduction. Presented by: Jennifer Rowe Kentucky Department of Education February 1, 2011 11:00 am EST. Please Have Available:. One Page 2010-2011 Final SEEK Calculation for your district Support Education Excellence in Kentucky (SEEK)

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2010-11 Final SEEK and Pro Rata Reduction

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  1. 2010-11 Final SEEK and Pro Rata Reduction Presented by: Jennifer Rowe Kentucky Department of Education February 1, 2011 11:00 am EST

  2. Please Have Available: • One Page 2010-2011 Final SEEK Calculation for your district Support Education Excellence in Kentucky (SEEK) • Total Pro Rata Reduction for 2010-2011 SEEK Final Support Education Excellence in Kentucky (SEEK)

  3. Total Pro Rata Reduction for 2010-2011 SEEK Final

  4. SEEK Base Pro Rata Adjustment Detail

  5. SEEK Base Pro Rata Adjustment Detail  = Base SEEK State Total $2,107,086,443

  6. SEEK Base Pro Rata Adjustment Detail × **Total Base SEEK Shortage $39,477,243 =

  7. SEEK Base Pro Rata Adjustment Detail - = -

  8. Total Pro Rata Reduction for 2010-2011 SEEK Final

  9. SEEK Tier I Adjustment Detail

  10. SEEK Tier I Adjustment Detail **Tier I State Total $178,616,125 = 

  11. SEEK Tier I Adjustment Detail **Total Tier I Shortage $5,039,725 = ×

  12. SEEK Tier I Adjustment Detail = -

  13. Total Pro Rata Reduction for 2010-2011 SEEK Final

  14. SEEK FSPK Adjustment Detail

  15. SEEK FSPK Adjustment Detail ** FSPK State Totals $79,969,026 = 

  16. SEEK FSPK Adjustment Detail **Total FSPK Shortage $3,046,926 = ×

  17. SEEK FSPK Adjustment Detail = -

  18. Total Pro Rata Reduction for 2010-2011 SEEK Final

  19. SEEK Original Growth Nickel AdjustmentDetail ** Growth Nickel State Total $16,081,920  =

  20. SEEK Original Growth Nickel AdjustmentDetail **Total Growth Nickel Shortage $1,639,220 = ×

  21. SEEK Original Growth Nickel AdjustmentDetail = -

  22. SEEK Recallable Nickel Adjustment Detail **Recall Nickel State Total $8,367,414  =

  23. SEEK Recallable Nickel Adjustment Detail **Total Recall Nickel Shortage $191,114 = ×

  24. SEEK Recallable Nickel Adjustment Detail

  25. SEEK EFF Nickel Adjustment Detail  = **EFF Nickel State Total $6,672,684

  26. SEEK EFF Nickel Adjustment Detail = × **Total EFF Nickel Shortage $224,484

  27. SEEK EFF Nickel Adjustment Detail

  28. Total Pro Rata Reduction for 2010-2011 SEEK Final

  29. 2011-2012 SEEK Forecast • Per-pupil base is $3,903 • Statewide equalization of $736,000 • Pro Rata Adjustment • No SFSF- General Funds only

  30. Conclusion

  31. Questions?? • Please send questions to: Chay Ritter @ Chay.Ritter@education.ky.gov or Jennifer Rowe @ Jennifer.Rowe@education.ky.gov You may reach either one of us @ 502-564-3846.

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