1/15/2003
19
General Education Programs
–Compensatory Revenue
–Districts receive additional funding for students eligible for free and reduced lunch
–
–Free and reduced lunch is a measure of poverty
–
–$262 million in FY 03
–
–Revenue must be allocated to the site where the pupil who generated the revenue is educated.
–Districts receive higher amounts of compensatory revenue based on their CONCENTRATION of poverty at each school site.
–
–Compensatory revenue is equal to a districts “compensation pupil units” multiplied by the basic formula allowance