Missouri Revised Statutes













Chapter 163

State Aid

←163.083

Section 163.087.1

163.091→

August 28, 2015

School district trust fund distribution, certain school districts--districts foregoing reduction in total operating levy, calculation of entitlement.

163.087. 1. Money in the school district trust fund shall be distributed

to each school district in the state in the same ratio that the weighted

average daily attendance in the district bears to the total weighted average

daily attendance in all such school districts for the preceding year, except

as otherwise provided in section 163.031. In addition, each such district

which is providing an approved program for pupils residing on federal lands

shall receive an amount which shall be determined as follows: weighted

average daily attendance for pupils residing on federal lands shall be

calculated separately for the district in the manner provided in section

163.011, treating such pupils as residents of the district for this purpose.

Such weighted average daily attendance shall be multiplied by one-half of the

amount to be received by the district, pursuant to this subsection, per

weighted average daily attendance not residing on federal lands.



2. Money in the fund shall be distributed monthly. The state board of

education shall certify the amounts to be distributed to the several school

districts to the commissioner of administration who shall issue the warrants

therefor.



3. Money received by a school district from the school district trust

fund shall be deemed to be local tax revenue derived for the same fiscal year

in which the money is received for the teachers' and incidental funds. In the

calculation of state aid for the district under the provisions of section

163.031, one-half the amount received by the district in the first preceding

year shall be included in local effort as provided in section 163.031.



(L. 1982 Adopted by Initiative, Proposition C, November 2, 1982,

A.L. 1983 H.B. 310, A.L. 1993 S.B. 380, A.L. 1995 S.B. 255,

A.L. 2005 S.B. 287)



Effective 7-1-06





1995



1995



163.087. 1. Money in the school district trust fund shall

be distributed to each six-director, including special districts,

urban and metropolitan school district in the state in the same

ratio that the number of eligible pupils in the district bears to

the total number of eligible pupils in all such school districts

for the preceding year. As used in the preceding sentence, the

term "eligible pupils" has the meaning ascribed to it in section

163.011. In addition, each such district which is providing an

approved program for pupils residing on federal lands shall

receive an amount which shall be determined as follows: An

eligible pupil count for pupils residing on federal lands shall

be calculated separately for the district in the manner provided

in section 163.011, treating such pupils as residents of the

district for this purpose. Such eligible student count shall be

multiplied by one-half of the amount to be received by the

district per eligible pupil not residing on federal lands.



2. Money in the fund shall be distributed monthly on or

before the fifteenth day of each month. The state board of

education shall certify the amounts to be distributed to the

several school districts to the commissioner of administration

who shall issue the warrants therefor.



3. Money received by a school district from the school

district trust fund shall be deemed to be local tax revenue

derived for the same fiscal year in which the money is received,

for the teachers, incidental and building funds, and may be

deposited to such funds of the district in such proportions as

the school board determines provided a minimum of seventy-five

percent of one-half of such funds received shall be deposited in

the teachers fund. The reduction in the operating levy pursuant

to section 164.013, RSMo, shall be made proportionally in the

funds where the remaining one-half of the money from the school

district trust fund is deposited. In the calculation of state

aid for the district under the provisions of section 163.031,

fifty-seven percent of one-half the amount received by the

district in the first preceding year shall be deducted from the

minimum guarantee in the same manner that is prescribed in such

section for deduction from the amounts received by the district

from fines, forfeitures, escheats and intangible taxes.



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