In this chapter, unless the context requires otherwise, (1) 'ADM or average daily membership' means the aggregate number of full-time equivalent students enrolled in a school district during the student count period for which a determination is being made, divided by the actual number of days that school is in session for the student count period for which the determination is being made; (2) 'district' means a city or borough school district or a regional educational attendance area; (3) 'district adjusted ADM' means the number resulting from the calculations under AS 14.17.410(b)(1); (4) 'district ADM' means the sum of the ADMs in a district; (5) 'eligible federal impact aid' means the amount of federal impact aid received by a district as of March 1 of the fiscal year as a result of an application submitted in the preceding fiscal year, including advance payments and adjustments received since March 1 of the preceding fiscal year from prior year applications, under 20 U.S.C. 7701 - 7714, except payments received under former 20 U.S.C. 7703(f)(2)(B), to the extent the state may consider that aid as local resources under federal law; (6) 'local contribution' means appropriations 7714, except payments received under former 20 U.S.C. 7703(f)(2)(B), to the extent the state may consider that aid as local resources under federal law; (6) 'local contribution' means appropriations and the value of in-kind services made by a district; (7) 'taxable real and personal property' means all real and personal property taxable under the laws of the state.
Alaska Legal Code