15-918.05

15-918.05. Career ladder programs; determination of equalization assistance payments from county and state monies

A school district that has chosen to calculate its budget using an increase in the base level, as prescribed in section 15-918.04, shall notify the state board of its decision and shall have its equalization assistance for education as computed in section 15-971 computed as follows:

1. For a high school district or a common school district within a high school district that does not offer instruction in high school subjects as provided in section 15-447, the qualifying tax rate as provided in section 15-971, subsection B, paragraph 1 shall be increased by two cents for each percentage increase in the base level as provided in section 15-918.04.

2. For a unified school district, a common school district not within a high school district or a common school district within a high school district that offers instruction in high school subjects as provided in section 15-447, the qualifying tax rate as provided in section 15-971, subsection B, paragraph 2 shall be increased by four cents for each percentage increase in the base level as provided in section 15-918.04.