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SUPTS. MEMO. NO. 82
April 19, 1996 |
| 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.