Perkins IV Financial Update - PowerPoint PPT Presentation

1 / 9
About This Presentation
Title:

Perkins IV Financial Update

Description:

Andrew Johnson/Program Specialist. Program Administration Branch. OVAE. Issues to Discuss ... US Department of Education Budget Service preliminary numbers for ... – PowerPoint PPT presentation

Number of Views:89
Avg rating:3.0/5.0
Slides: 10
Provided by: johnh63
Category:

less

Transcript and Presenter's Notes

Title: Perkins IV Financial Update


1
Perkins IV Financial Update National Association
of State Directors of Career Technical Education
Consortium March 2007
  • Andrew Johnson/Program Specialist
  • Program Administration Branch
  • OVAE

2
  • Issues to Discuss
  • FY 2007 State Allocations
  • FY 2007 Secondary Formula data elements
  • Alternative Formula-Secondary and Postsecondary
  • Carryover Funds

3
  • FY 2007 State Allocations
  • US Department of Education Budget Service
    preliminary numbers for Title I and Tile
    II-Posted on 2/5/07
  • Career and Technical Education State Grants
    1,182,420,449
  • Tech- Prep Education State Grants-104,755,089
  • Public Law 110-5-Full-Year FY 2007 Continuing
    Resolution
  • Signed by the President on February 15, 2007
  • This continuing resolution extends thru September
    30, 2007
  • Career and Technical Education State
    Grants-1,181,553,120
  • Tech-Prep Education State Grants-104,752,880

4
  • FY 2007 State Allocations
  • Next Steps to Determine State Title I and Title
    II allocations for FY 2007
  • The week of March 26-30th OVAE will begin working
    with The US Department of Educations Office of
    Budget Services and National Center for Education
    Statistics to enter updated per capita income
    data and census data in order to determine State
    Title I and Title II allocations for FY 2007
  • As soon as these estimates are finalized, a
    program memo will be submitted to Career and
    Technical Education State Directors

5
  • FY 2007 Secondary Formula data elements
  • 5-17 Census Data Elements-Section 131(a)(1)(A)
    and 131(a)(2)
  • Data covers income year 2004 and the 2005-2006
    school district boundaries
  • Challenge period ended for this data on 3/20/07
  • Data located at http//www.census.gov/hhes/www/sai
    pe/district.html

6
  • FY 2007 Secondary Formula Data Elements
  • NCES Student Enrollment Data-Section 131(a)(1)(B)
  • Data will be for the 2005-2006 School year
  • Data is not yet available
  • Data should be finalized in either May or June
    2007
  • Data located at http//nces.ed.gov/ccd/pubagency
    .asp

7
  • Alternative Formula-Secondary and Postsecondary
  • Secondary Waiver-Section 131(b)
  • If requesting, submit as soon as possible to OVAE
  • Must provide secondary allocation runs with data
    elements spelled out in the law and the
    alternative formula waiver allocation runs
  • Secondary waiver hard threshold to meet

8
  • Alternative Formula Secondary and Postsecondary
  • Postsecondary Waiver-Section 132(b)
  • If requesting, submit as soon as possible to OVAE
  • Must provide postsecondary allocation runs with
    data elements spelled out in the law and the
    alternative formula waiver allocation runs
  • Postsecondary waiver threshold not as hard to
    meet as secondary alternative formula

9
  • Carry Over Funds
  • Statutory Authority for Carryover funds
  • Tydings Amendment Section 421(b) of GEPA
  • OVAE is currently in the process of Preparing a
    Non-
  • regulatory guidance memo on how states should
    handle
  • carryover funds from Perkins grants that began
    on
  • July 1, 2005 and July 1, 2006.
Write a Comment
User Comments (0)
About PowerShow.com