FEFP (Florida Education Finance Program)

Question 1

What is the primary purpose of the FEFP?

Answer 1

1. To guarantee students programs and services to meet his/her educational needs.
2. Program equity and taxpayer equity

Question 2

What does the FEFP formula identify?

Answer 2

1. Varying local property taxes
2. Varying education program costs
3. Varying costs of living
4. Varying costs for equivalent educational programs

Question 3

How are the operating costs of Florida School districts funded?

Answer 3

Through the FEFP

Question 4

What is the key component of the FEFP?

Answer 4

Base financial support on the individual student participating in a particular educational program.

Question 5

Scholarship options for education in a private school

Answer 5

1. John McKay Scholarships for Students with Disabilities Program
2. Corporate Contributions/Tax Credits Scholarships

Question 6

School districts receiving financial support (2006-2007)

Answer 6

40% from the state
50% from local efforts
8.9% from federal sources

Question 7

State Support for School District Financial Support

Answer 7

Most of the financial support from the state comes from…

The General Revenue Fund through the use of the FEFP formula

The predominant tax source was sales tax.

Question 8

Florida Lottery Funds

Answer 8

The proceeds are put into the Education Enhancement Trust Fund and were used to finance school district operations such as Class Size Reductions and debut service requirements regarding capital outlay.

Question 9

Categorical Funds

Answer 9

Used for instructional materials, student transportation, Florida Teachers Lead Program, and Class Size Reduction

Question 10

Capital Outlay Funds

Answer 10

Made available to each county commission in equal amounts

Question 11

Where does local support for school funding come from?

Answer 11

It comes from property taxes levied I;the 67 counties of Florida.

Each school must levy the mileage set for its required local effort from property taxes.

Question 12

Discretionary Tax Levies

Answer 12

School boards may set discretionary tax levies for capital outlay and maintenance (1.75 mills) and current operation (0.498 mills).

Question 13

Surtax

Answer 13

Schools boards may levy a sales surtax of up to 0.5 percent for capital outlay purpose if approval is gained referendum.

They must then freeze the non-capital local school property tax at the mileage rate imposed in the year of implementation of the surtax.

Question 14

Funding for developmental research or lab schools

Answer 14

They are classified as special schools similar to Florida Virtual School

The state provides the same dollar amount per student as is generated for district students by the tax base of the district where the school is located.

Question 15

What types of programs do these funds support?

Answer 15

One fourth of funds received directly from the federal government supports the school nutrition programs.

No Child Left Behind
Individuals with Disabilities Education Act
Works force Investment Act
Carl D. Perkins Vocational and Technical Education Act

Question 16

What are the district requirements for participation in FEFP?

Answer 16

1. Maintain adequate and accurate records (internal accounts) and file with the Department of Education.
2. Operate all schools for a term of at least 180 actual teaching days.
3. Provide written contracts for all instructional personnel and require no less than 196 days of service.
4. Salary Schedule
5. Observe requirements for the preparation, adoption, and execution of budgets.
6. Levy the required local effort mileage rate on the taxable value.
7. Maintain ongoing systematic evaluation
8. Comply with minimum classroom expenditure requirements