SECTION 210:40-71-5. Allocation of funds  


Latest version.
  • (a)   The allocation of funds for the Optional Extended School Year Program Grant shall be made to the recipient school districts immediately following the approval of the awards. The allocation shall be the school district's estimated extended school year membership times the per diem amount times the number of extended days in the program.
    (b)   The per diem amount shall be the annual per diem amount divided by 175. The annual per diem amount shall be determined by multiplying the annual student fee by the extended year pupil factor.
    (c)   The annual student fee shall be the sum of the Foundation Aid factor and the product of the Salary Incentive Aid factor multiplied by 20. The extended year pupil factor shall be the sum of the state average weighted ADM plus an additional weight based on a sliding scale of 0.0 to 0.2 to be determined and awarded by a grant selection committee.
[Source: Added at 9 Ok Reg 1809, eff 5-26-92]