1/15/2003
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General Education Programs
Training and
Experience Revenue
Partially
compensates school districts for salary differences of teachers employed in the district during the
1996-97 school year. Districts receive additional revenue based on the educational attainment and seniority of their teaching faculty.
This revenue
stream is phasing out. When districts
no longer have faculty from
the 1996-97 school year, their T&E revenue will be gone.
Revenue is
determined by sorting a district’s pre-1996-97 teachers into a matrix based on each teacher’s seniority and years of
experience. The matix is used to establish a “training and experience
index” which establishes
relationship of each salary position on the matrix (in each district) to the statewide average salary.
$22.6 million in FY 03.
$14.9 million in FY 04.
$ 8.3 million in FY 05.
$ 3.8 million in FY 06.
$ 1.7 million in FY 07.
T&E Formula: ([T&E
Index] - .8) * $660 * AMCPUs
