FLORIDA DEPARTMENT OF EDUCATION
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    STATE BOARD OF EDUCATION
    Jeanine Blomberg
    Commissioner of Education
    T. WILLARD FAIR,
    Chairman
    Members
    DONNA G. CALLAWAY
    DR. AKSHAY DESAI
    ROBERTO MARTÍNEZ
    PHOEBE RAULERSON
    KATHLEEN SHANAHAN
    LINDA K. TAYLOR
    CONTACT PERSON:
    NAME:
    David Montford
    PHONE:
    (850) 245-0405
    SUNCOM:
    205-0405
    COEFO:
    07-18
    M E M O R A N D U M
    DATE:
    May 2, 2007
    TO:
    District School Superintendents
    FROM:
    Linda
     
    Champion
     
    SUBJECT:
    2006-07 Florida Education Finance Program Fourth 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 fourth 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, October, and February survey data. The 2006
    ad valorem tax roll certified by the Department of Revenue on April 3, 2007, was used in the
    calculation of required and discretionary local effort.
    In comparing the fourth calculation with the third calculation of the 2006-07 FEFP, the following
    summary-level changes are noted:
    1.
    Unweighted FTE decreased by 4,048.17 from 2,641,598.13 to 2,637,549.96.
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    CHAMPION
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    PUTY
     
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    MMISSIONER, FINANCE AND OPERATIONS
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    325 W. GAINES STREET • SUITE
    121
    4 • TALLAHASSEE, FL 32399-0400 • (850) 245-040
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    • www.fldoe.org
    Suncom 205-040
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    • FAX (850) 245-9
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    District Superintendents
    May 2, 2007
    Page 2
    2.
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    Funded weighted FTE decreased by 1,915.71 from 2,880,594.98 to 2,878,679.27.
    The Group 2 over-cap weighted FTE is 1,504.67; the under-cap total is 20,546.64.
    3.
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    FEFP Base Funding decreased by $7,679,030 from $11,469,255,626 to $11,461,576,596 as a
    result of the funded weighted FTE decrease.
    4.
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    Declining Enrollment Supplement increased by $5,692,394 from $53,048,325 to
    $58,740,719.
    5.
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    Pursuant to Chapter 2007-3, Laws of Florida, funds authorized for the Merit Award Program
    (MAP), which replaced the Special Teachers Are Rewarded (STAR) program, have been
    allocated among the districts based on the Fourth Calculation FEFP Base Funding.
    6.
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    Total Required Local Effort increased by $948,070 from $7,361,867,510 to $7,362,815,580.
    7.
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    Total Prior Year Adjustments are $30,250,860.
    8.
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    The amount withheld for the John M. McKay Scholarship Program is $120,294,448.
    Distribution of FEFP and Discretionary Lottery Funds as a result of the revised allocations will
    begin with the May 10, 2007, electronic funds transfer.
    LC:ld
    Attachment
    cc:
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    Finance Officers
    FTE Administrators

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