The Department’s School Finance Team has created reference documents for Superintendents and Business Managers to review in advance of receiving the preliminary FY 2018 ED 279 report. These documents highlight annual changes in school unit data which have direct impact to state subsidy calculation.
Proposed changes to the FY 2018 EPS funding model are included as part of the Governor’s biennial budget, on which the preliminary FY 2018 ED 279 report will be based. In order for school units to evaluate the impact of those changes, it is important to understand the annual changes to a school unit’s student population, state valuation, debt service commitment and approved bus payments which will impact state subsidy, regardless of any other change in the EPS model or the funding distribution formula. The documents at the link below detail the changes in these data points from the FY 2017 ED 279 to the preliminary FY 2018 ED 279:
Please review these documents in advance of publication of the FY 2018 ED 279 reports to and should you have questions regarding this information, please contact the School Finance Team: email@example.com firstname.lastname@example.org or email@example.com