FLORIDA DEPARTMENT OF EDUCATION
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STATE BOARD OF EDUCATION
John L. Winn
Commissioner of Education
T. WILLARD FAIR,
Chairman
F. PHILIP HANDY,
Vice Chairman
Members
DONNA G. CALLAWAY
ROBERTO MARTÍNEZ
PHOEBE RAULERSON
KATHLEEN SHANAHAN
LINDA K. TAYLOR
CONTACT PERSON:
NAME:
Keith Neel
PHONE:
(850) 245-0405
SUNCOM:
205-0405
COEFO:
07-12
M E M O R A N D U M
DATE:
January 5, 2007
TO:
District School Superintendents
FROM: Linda
Champion
SUBJECT:
2006-07 Florida Education Finance Program Third 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 third calculation of the 2006-07 Florida Education Finance Program (FEFP).
This calculation incorporates 2006-07 Full-Time Equivalent (FTE) students and supplemental
information prepared from the summation of July and October survey data. The 2006 ad
valorem tax roll certified by the Department of Revenue on November 29, 2006, was used in the
calculation of required and discretionary local effort.
In comparing the third calculation with the second calculation of the 2006-07 FEFP, the
following summary-level changes are noted:
1.
Unweighted FTE decreased by 48,375.68 from 2,689,973.81 to 2,641,598.13.
LINDA CHAMPION
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DEPUTY COMMISSIONER, FINANCE AND OPERATIONS
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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, 2006
Page 2
2.
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Funded weighted FTE decreased by 59,427.56 from 2,940,022.54 to 2,880,594.98.
The Group 2 over-cap weighted FTE is 1,438.62; the under-cap total is 20,387.54.
3.
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FEFP Base Funding decreased by $237,637,536 from $11,706,893,162 to $11,469,255,626
as a result of the funded weighted FTE decrease.
4.
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Declining Enrollment increased $43,720,696 from $9,327,629 to $53,048,325.
5.
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The Lab School Discretionary Contribution increased $216,897 from $2,968,342 to
$3,185,239.
6.
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Total Required Local Effort increased $3,502,665 from $7,358,364,845 to $7,361,867,510.
7.
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Total Prior Year Adjustments are $30,270,043. Individual district amounts may be
significant due to inclusion of net earned vs. paid adjustments as a result of the final 2005-06
calculation.
8.
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The amount withheld for the John M. McKay Scholarship Program is $120,314,619.
Distribution of FEFP and Discretionary Lottery Funds as a result of the revised allocations will
begin with the January 10, 2007, electronic funds transfer.
LC:KN:bj
Attachment
cc:
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Finance Officers
FTE Administrators
