What is FEFP?
The Florida Education Finance Program (FEFP) is the funding. Education Finance. formula adopted by the Florida Legislature in 1973 to allocate.Click to see full answer. Correspondingly, what does FEFP stand for? Florida Education Finance Program Also, which four constructs that make up the FEFP formula? Base FEFP = District Cost Differential (DCD) x Base Student…
The Florida Education Finance Program (FEFP) is the funding. Education Finance. formula adopted by the Florida Legislature in 1973 to allocate.Click to see full answer. Correspondingly, what does FEFP stand for? Florida Education Finance Program Also, which four constructs that make up the FEFP formula? Base FEFP = District Cost Differential (DCD) x Base Student Allocation (BSA) x Weighted FTE Students (which is equal to unweighted FTE students x program cost factors (weights)). Likewise, what is required local effort? The required local effort revenue is the amount of funds the district generates from levying the. state certified local effort millage rate on the district’s ad valorem property.37. All districts levy. the required millage, which raises more or less dollars per student depending on the value of the. local property.What is base student allocation? BASE STUDENT ALLOCATION (BSA) The Base Student Allocation is the amount of money allocated to each FTE. Minimally, the BSA should be based on the previous year’s BSA plus an appropriate increase to reflect inflation and program needs.
