Chapter 382 |
2024 -- H 7543 Enacted 06/26/2024 |
A N A C T |
RELATING TO EDUCATION -- FOUNDATION LEVEL SCHOOL SUPPORT |
Introduced By: Representatives Boylan, Dawson, Kazarian, and Henries |
Date Introduced: February 07, 2024 |
It is enacted by the General Assembly as follows: |
SECTION 1. Section 16-7-17 of the General Laws in Chapter 16-7 entitled "Foundation |
Level School Support [See Title 16 Chapter 97 — The Rhode Island Board of Education Act]" is |
hereby amended to read as follows: |
16-7-17. Time of payment of state’s share of the basic program and approved |
expenditures. |
There shall be paid by the state to each community in twelve (12) monthly installments an |
amount as determined by law to be the state’s share of the cost of the basic program for the reference |
year and all approved expenditures in excess of the basic program for the reference year,; provided, |
however, that these payments to a community shall be reduced by the amount of funds deposited |
by the department into the local education agency EPSDT account in accordance with § 40-8-18 |
on behalf of the community. The July payment shall be two and fifty-four hundredths percent |
(2.54%) of the state’s share based upon the estimated pupil data, valuation data, and expenditure |
data for the reference year and the August through June payments shall each be eight and eighty- |
six hundredths percent (8.86%) of the aid due and payable based upon the data for the reference |
year, except for the city of East Providence which shall be paid during October and April in |
accordance with chapter 344 of the Public Laws of 1982. This payment schedule of twelve (12) |
monthly installments shall also apply to the city of East Providence, notwithstanding any provisions |
to the contrary contained in Pub. L. P.L. 2012, ch. 241, art. 12, § 5. |
SECTION 2. This act shall take effect upon passage. |
======== |
LC004684 |
======== |