Allocations to school districts of state funds provided by RCW 28A.525.162 through 28A.525.180 shall be made by the superintendent of public instruction and the amount of state funding assistance to a school district in financing a school plant project shall be determined in the following manner:
The ratio of the school district's adjusted valuation per pupil divided by the ratio of the total state adjusted valuation per pupil shall be subtracted from three, and then the result of the foregoing shall be divided by three plus (the ratio of the school district's adjusted valuation per pupil divided by the ratio of the total state adjusted valuation per pupil).
District adjusted | Total state | ||||||
3-valuation | ÷ | adjusted valuation | |||||
Computed | per pupil | per pupil | State | ||||
State | = | ---- | = - % | Funding | |||
Ratio | District adjusted | Total state | Assistance | ||||
3+valuation | ÷ | adjusted valuation | |||||
per pupil | per pupil |
PROVIDED, That in the event the state funding assistance percentage to any school district based on the above formula is less than twenty percent and such school district is otherwise eligible for state funding assistance under RCW 28A.525.162 through 28A.525.180, the superintendent may establish for such district a state funding assistance percentage not in excess of twenty percent of the approved cost of the project, if the superintendent finds that such additional assistance is necessary to provide minimum facilities for housing the pupils of the district.
RCW 28A.525.166
Effective date-2015 3rd sp.s. c 3: See note following RCW 43.160.080.
Application-Enforcement of laws protecting health and safety-2013 2nd sp.s. c 18: See note following RCW 28A.600.022.
Intent-Effective date- 2012 c 244 : See notes following RCW 28A.525.162.
Effective date- 2009 c 421 : See note following RCW 43.157.005.
Intent- 2009 c 129 : See note following RCW 28A.335.230.
Findings-Purpose-Part headings not law-2006 c 263: See notes following RCW 28A.150.230.
Effective date-1975 1st ex.s. c 98: "This 1975 amendatory act is necessary for the immediate preservation of the public peace, health, and safety, the support of the state government and its existing public institutions, and shall take effect July 1, 1975." [ 1975 1st ex.s. c 98 s 3.]
Severability-1974 ex.s. c 56: See note following RCW 28A.525.162.
Severability-1969 ex.s. c 244: See note following RCW 28A.525.162.
Project of statewide significance-Defined: RCW 43.157.010.