- (1) "ADM" means average daily membership derived from end-of-year data.
- (2) "Carryforward balance" means the unobligated amount of MSP basic program education funds from the previous fiscal year.
- (3) "Historical Mean ADM" means the mean of the two highest ADMs in the three years preceding the prior year.
- (4) "Local Effort" means the prior year sum of tax rates imposed by the local school board.
- (5) "Lost ADM" means the difference between prior year ADM and Historical Mean ADM.
- (6) "Mid-year update" means the annual Minimum School Program allocation report prepared by the Superintendent by January 1 annually.
- (7) "Minimum School Program" or "MSP" means the state supported Minimum School Program as defined in Title 53F, Chapter 2.
- (8) "Weighted Pupil Unit" or "WPU" means the unit of measure of factors that is computed in accordance with the MSP for the purpose of determining the costs of a program on a uniform basis for each district.
KEY: students, enrollment
Date of Last Change: August 7, 2017
Notice of Continuation: May 16, 2022
Authorizing, and Implemented or Interpreted Law: Art X Sec 3; 53E-3-401(4); 53F-2-207