79-1007.25 Teacher education allowance; calculation. - Nebraska Statutes

79-1007.25. Teacher education allowance; calculation.For school fiscal year2010-11 and each school fiscal year thereafter, the department shall calculatea teacher education allowance for each district as follows:(1) Teacher educationpoints shall be calculated for each district by the department based upondata from the fall personnel report required pursuant to section 79-804 forthe school fiscal year immediately preceding the school fiscal year in whichaid is to be paid. Each full-time equivalent teacher shall (a) be under contractwith a school district as required pursuant to section 79-818 and (b) onlybe counted one time in awarding any points pursuant to this section. Eachdistrict shall receive one point for each full-time equivalent teacher whohas earned and been awarded a master's degree or an education specialist'sdegree and two points for each full-time equivalent teacher who has earnedand been awarded a doctoral degree;(2) A teacher education index shall be calculatedfor each district by dividing the ratio of teacher education points for thedistrict divided by the number of full-time equivalent teachers in the districtby the ratio of teacher education points for all districts divided by thenumber of full-time equivalent teachers in all districts; and(3) The teacher educationallowance for each district shall equal eight and one-half percent of thestatewide average general fund operating expenditures per formula studentmultiplied by the district's formula students and multiplied by the differenceof the product of the district's teacher education index minus one, exceptthat if the result is less than zero, the teacher education allowance shallequal zero. SourceLaws 2009, First Spec. Sess., LB5, § 8.Effective Date: November 21, 2009