FLORIDA DEPARTMENT OF EDUCATION
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STATE BOARD OF EDUCATION
John L. Winn
Commissioner of Education
F. PHILIP HANDY,
Chairman
T. WILLARD FAIR,
Vice Chairman
Members
DONNA G. CALLAWAY
JULIA L. JOHNSON
ROBERTO MARTÍNEZ
PHOEBE RAULERSON
LINDA K. TAYLOR
CONTACT PERSON:
NAME:
Keith Neel
PHONE:
(850) 245-0405
SUNCOM:
205-0405
COEFO: 06-13
M E M O R A N D U M
DATE: December 29, 2005
TO: District School Superintendents
FROM: Linda Champion
SUBJECT: 2004-05 Final Florida Education Finance Program Calculation
The mission of the Florida Department of Education is to increase the proficiency of all students
within one seamless, efficient system and advance their knowledge and skills through learning
opportunities and research valued by students, parents, and communities. In keeping with this
mission and with special emphasis on the Department’s goal of quality, efficient services, please
find attached the final calculation of the 2004-05 Florida Education Finance Program (FEFP).
This calculation incorporates 2004-05 Full-time Equivalent (FTE) students and supplemental
information prepared from the summation of July, October, February and June survey data. The
2004 ad valorem tax roll certified by the Department of Revenue on September 1, 2005, was
used in the calculation of required and discretionary local effort.
In comparing the final calculation with the fourth calculation of the 2004-05 FEFP, the following
summary-level changes are noted:
1.
Unweighted FTE increased by 801.82 from 2,608,792.12 to 2,609,593.94.
LINDA CHAMPION
DEPUTY COMMISSIONER, FINANCE AND OPERATIONS
325 W. GAINES STREET • SUITE 1214 • TALLAHASSEE, FL 32399-0400 • (850) 245-0406 • www.fldoe.org
Suncom 205-0406 • FAX (850) 245-9099
District Superintendents
December 29, 2005
Page Two
2.
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Funded weighted FTE increased by 920.36 from 2,871,368.45 to 2,872,288.81.
The Group 2 over-cap weighted FTE is 786.30; the under-cap total is 25,043.72.
3.
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FEFP Base Funding increased by $3,332,803 from $10,535,354,086 to $10,538,687,489 as a
result of the funded weighted FTE increase.
4.
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Declining Enrollment decreased $183,714 from $12,481,881 to $12,298,167.
5.
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The Discretionary Contribution decreased $32,817 from $1,475,189 to $1,442,372.
6.
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Total Required Local Effort decreased $24,144,320 from $5,617,184,216 to $5,593,039,896.
7.
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Total Prior Year Adjustments are $3,645,074. Individual district amounts may be significant
due to inclusion of the net earned vs. paid as a result of the final 2002-03 calculation.
8.
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The amount withheld for the Opportunity Scholarship Program is $3,048,916 and for the
John M. McKay Scholarship Program is $98,647,316.
The differences between the final and fourth FEFP and Discretionary Lottery Calculations will
become an adjustment to the third 2005-06 FEFP and Discretionary Lottery Calculations.
Therefore, distribution of funds from the attached calculation will take place following
completion of the third 2005-06 calculation.
LC:KN:at
Attachment
cc:
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Finance Officers
FTE Administrators
