INFORMATIONAL

TO:

Division Superintendents

FROM:

Jo Lynne DeMary

Superintendent of Public Instruction

SUBJECT:

K-3 Primary Class Size Reduction Program Entitlements for Fiscal Years 2002, 2003, and 2004

Updated fiscal year 2002 entitlements for the K-3 primary class size reduction program have been calculated using September 30, 2001, fall membership, final program participation data, and a reduced Virginia Retirement System (VRS) employer contribution rate of 3.6 percent (based upon preliminary actions by the General Assembly and Governor). Attachment A shows the entitlements for each school division by school. Other data elements shown include the composite index of local ability-to-pay, free lunch eligibility percentage, funded pupil-teacher ratio, funded per pupil amounts, and the numbers of students funded based on September 30, 2001, fall membership. Please note that actual payment totals will not be final until action on the state budget is completed. Semi-monthly payments to school divisions for the K-3 program for fiscal year 2002 will begin with the March 16, 2002, payment. If adjustments are needed following the General Assembly's final action on the budget, you will be notified by another Superintendent's Memorandum.

Updated projections for fiscal years 2003 and 2004 are provided in Attachments B and C. These amounts will be updated based on final fall membership, program participation data, and other required adjustments each year. Fiscal years 2003 and 2004 payments are subject to final General Assembly action.

All three attachments are also available in a single Excel file at the following address:

http://www.pen.k12.va.us/VDOE/Finance/Budget/calctools.html

Questions regarding state funding for the K-3 primary class size reduction program may be directed to Dan Timberlake,

assistant superintendent for finance, or budget office staff at (804) 225-2025.

JLD/sed

Attachments

/administrators/superintendents_memos/2002/inf029a.pdf

/administrators/superintendents_memos/2002/inf029b.pdf

/administrators/superintendents_memos/2002/inf029c.pdf