COMMONWEALTH OF VIRGINIA
DEPARTMENT OF EDUCATION
P. O. BOX 2120
RICHMOND, VIRGINIA 23218-2120
SUPTS. MEMO. NO. 82
April 19, 1996

INFORMATIONAL

TO: Division Superintendents
FROM: William C. Bosher, Jr.
Superintendent of Public Instruction
SUBJECT: 1995-96 Entitlements Based on March 31, 1996 ADM

 
  Final division entitlements for 1995-96 based on March 31,
  1996 average daily membership (ADM) collected in
  Administrative Supts. Memo. No. 7 dated March 15, 1996, are
  shown on the attachment.  Only those accounts affected by
  ADM are shown.  Please note the following when reviewing
  this attachment.
  
     1.   Sales Tax is the estimated amount used to compute
          Basic Aid for 1995-96.  Actual receipts on a cash
          and accrual basis will be sent to school divisions
          with the Annual School Report data in July.
  
     2.   The cash basis for Fringe Benefits are the actual
          amounts you will receive during the 1995-96 school
          year.  The accrual amounts reflected should be
          used when reporting on the 1995-96 Annual School
          Report.
  
  If you have any questions concerning this information,
  please call Mrs. June Eanes, Budget Director, at (804) 225-2060 
  or Mrs. Doris West, Senior Budget Analyst, at (804)
  225-2091.
  
  WCBJr:jfe
  
  Attachment:  This memo and its attachment will be sent to
               the superintendent's office.