Effective: October 3, 2023 Latest Legislation: House Bill 33 - 135th General Assembly This section shall apply only for fiscal years 2024 and 2025. For each fiscal year, the department of education shall compute supplemental targeted assistance for each city, local, and exempted village school district as follows: (A) Determine if the district satisfies both of the following criteria: (1) The wealth index calculated for the district for fiscal year 2019 under division (A)(4) of former section 3317.0217 of the Revised Code as it existed prior to September 30, 2021, is greater than 1.6; (2) The district's enrolled ADM for fiscal year 2019 is less than eighty-eight per cent of the district's total ADM for fiscal year 2019. (B) Determine the maximum of the wealth indices calculated under division (A)(4) of former section 3317.0217 of the Revised Code as it existed prior to September 30, 2021, for all districts that satisfy both of the criteria specified under division (A) of this section; (C) If the district satisfies both of the criteria specified under division (A) of this section, compute the district's supplemental amount as the product of the following: (1) {[(The number
section; (C) If the district satisfies both of the criteria specified under division (A) of this section, compute the district's supplemental amount as the product of the following: (1) {[(The number specified under division (A)(1) of this section - 1.6)/ (the number determined under division (B) of this section - 1.6)] X 675} + 75; (2) The district's enrolled ADM. (D) If the district does not satisfy both of the criteria specified under division (A) of this section, the district's supplemental amount shall be equal to zero. Last updated August 28, 2023 at 9:06 AMOhio Legal Code