School Finance


IMPACT AID PAYMENTS 2014

Tuesday, October 29, 2013, 1:42 pm

On October 24th, the Department of Education announced the initial appropriations of Impact Aid funding for FY 2014.  Districts will receive an initial payment at 50% of LOT and $700 per weighted student unit for children with disabilities.  There was no date for the release of funds.

Districts who have insufficient revenue from other sources to sustain operations until February and have not already applied for early payment may apply for early payment by submitting their request to the Department of Education at the following link:  http://goo.gl/ZRCqtX.

District may be currently working on their FY 2015 Source Check and/or Survey.  Please remember that the Office of Public Instruction will be checking those numbers against data submitted in AIM – the state student information system.  The OPI is available to assist districts in reconciling their enrollment and Special Education numbers.  Unresolved discrepancies are required to be reported to the Department of Education when applications are submitted in January.

For more information, contact Nicole Thuotte, (406) 444-4524