Student Achievement and School Accountability Conference October 2002
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ExampleCalculating a base
An LEA has $10,000 of formula grant funds under the Educational Technology State Grant (Ed Tech) program.
The LEA transfers $5,000 of funds from its Improving Teacher Quality State Grant allocation to augment its Ed Tech formula grant allocation.
The transferability base for the Ed Tech formula grant program is now $15,000. The LEA may transfer up to $7,500 of this amount (assuming that the LEA has not been identified for improvement or corrective action).