Bill Text: FL S1522 | 2022 | Regular Session | Introduced
Bill Title: Sparsity Supplement Funds within the Florida Education Finance Program
Spectrum: Partisan Bill (Democrat 1-0)
Status: (Failed) 2022-03-14 - Died in Education [S1522 Detail]
Download: Florida-2022-S1522-Introduced.html
Florida Senate - 2022 SB 1522
By Senator Ausley
3-01156-22 20221522__
1 A bill to be entitled
2 An act relating to sparsity supplement funds within
3 the Florida Education Finance Program; amending s.
4 1011.62, F.S.; prohibiting a school district with a
5 specified student population from receiving a sparsity
6 wealth adjustment; providing an appropriation;
7 specifying the purpose of the allocation made from the
8 appropriation to certain school districts; providing
9 an effective date.
10
11 Be It Enacted by the Legislature of the State of Florida:
12
13 Section 1. Paragraph (d) of subsection (7) of section
14 1011.62, Florida Statutes, is amended to read:
15 1011.62 Funds for operation of schools.—If the annual
16 allocation from the Florida Education Finance Program to each
17 district for operation of schools is not determined in the
18 annual appropriations act or the substantive bill implementing
19 the annual appropriations act, it shall be determined as
20 follows:
21 (7) DETERMINATION OF SPARSITY SUPPLEMENT.—
22 (d) Each district’s allocation of sparsity supplement funds
23 shall be adjusted in the following manner:
24 1. A maximum discretionary levy per FTE value for each
25 district shall be calculated by dividing the value of each
26 district’s maximum discretionary levy by its FTE student count.
27 2. A state average discretionary levy value per FTE shall
28 be calculated by dividing the total maximum discretionary levy
29 value for all districts by the state total FTE student count.
30 3. A total potential funds per FTE for each district shall
31 be calculated by dividing the total potential funds, not
32 including Florida School Recognition Program funds and the
33 minimum guarantee funds, for each district by its FTE student
34 count.
35 4. A state average total potential funds per FTE shall be
36 calculated by dividing the total potential funds, not including
37 Florida School Recognition Program funds and the minimum
38 guarantee funds, for all districts by the state total FTE
39 student count.
40 5. For districts that have a levy value per FTE as
41 calculated in subparagraph 1. higher than the state average
42 calculated in subparagraph 2., a sparsity wealth adjustment
43 shall be calculated as the product of the difference between the
44 state average levy value per FTE calculated in subparagraph 2.
45 and the district’s levy value per FTE calculated in subparagraph
46 1. and the district’s FTE student count and -1. A However, no
47 district may not shall have a sparsity wealth adjustment that,
48 when applied to the total potential funds calculated in
49 subparagraph 3., would cause the district’s total potential
50 funds per FTE to be less than the state average calculated in
51 subparagraph 4. A district with a student population of 2,000 or
52 fewer students may not receive a sparsity wealth adjustment.
53 6. Each district’s sparsity supplement allocation shall be
54 calculated by adding the amount calculated as specified in
55 paragraphs (a) and (b) and the wealth adjustment amount
56 calculated in this paragraph.
57 Section 2. For the 2022-2023 fiscal year, the sum of $2
58 million in nonrecurring funds is appropriated from the General
59 Revenue Fund to the Department of Education to be allocated to
60 school districts that experience a decrease in sparsity funds as
61 a result of the amendment made to s. 1011.62(7)(d)5., Florida
62 Statutes, by this act. The purpose of such allocation is to
63 offset the loss of sparsity funds that an affected school
64 district otherwise would have received.
65 Section 3. This act shall take effect July 1, 2022.
