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[ RECEIVED 87/25 12:54 1995 AT GIZ5959521 PAGE 5 (PRINTED PAGE 5) 1 JLL-25-1995 1209 AMSD 666 8462 P.05 House Research Departrnent September 1994 Minnesota School Futancc Page 10 eonoeatrarion principle has stayed the same over time, the actual calculation of AFDC pupil units has changed several tittles in recent years. For the 1992-93 school year and later, AFDC pupil units are computed by multiplying the number of pupils in the district from AFDC families times the district's AFDC weighting factor times .65. A district's AFDC weighting factor is equal to the lesser of 1 or the quotient obtained by dividing the district's AFDC count (expressed as a percentage of total average daily membership) by 115%. In other words, in a district where more than 115% of the pupils are from AFDC families, each AFDC pupil carries a pupil unit weight of.65. For districts with less than 11.5% concentration, the AFDC pupil weight increases from 0 to .65 per AFDC pupil as the percentage of AFDC pupils increases. The number of pupils from families receiving AFDC-is counted in October of each year by county human services workers. The county employees report the carat to the Irmnesota departmem of Human Services who report district totals to the state department of education. The formula uses the average of the previous two October's counts, unless the district's count has increased for three consecutive years in which case the count is equal to the previous year's count. For the period of time from the 1988-89 school year to the 1991-92 school year, AFDC pupil units were counted as zero for districts with less than 6% of their pupils from AFDC families and for districts with more than 6% of their pupils from AFDC families, an additional .1 pupil unit was generated for each percentage point that the district's AFDC count exceeded 5%, except that in no case could the additional AFDC pupil weighting exceed .6. Sales Ratio: A sales ratio is a statistical measure prepared by the Department of Revenue that measures the difference between the actual sales prices of property and the assessors nwket values on those properties. 'Ile purpose of the sales ratio is to neutralize the effect of different assessment practices among the taxing jurisdictions of the state. This is a critical component of an equalized system of school financing. The sales ratio is divided into the taxable .,alue to obtain the adjusted tax capacity of a school district. Seco>adary Sparsity Revenue: Revenue paid to small. sparsely populated school distri:.ts. The secondary sparsity revenue formula takes into account the secondary enrollment, tr distance between high schools,and the surface area of the district. Secondary sparsity -evenue is a component of the general education revenue program. Tart Capacity percentages: Statutory classification percentages that are applied to ma Ket values. Tax Capacity Pere stages replace classification ratios. Tax Capacity Rate: no rate arrived at by dividing each districes tax levy amount by the district's total tax capacity. Tax capacity rate replaces the term mill rate. IUFARS(Uniform Financial Accounting and Reporting Standards): Rules and insu ctions adopted by the state Board of Education under Iegislative mandate to govern the methc :s by which school districts record financial transactions and inform the state department of education about their finances.