Section 13-13-1.4 - Small school adjustment for consolidated school districts--Years one tofour. - South Dakota Statutes

13-13-1.4. Small school adjustment for consolidated school districts--Years one to four. If two or more school districts consolidate, for a period of four years after consolidation, the small school adjustment for the newly formed district shall be calculated by subtracting the sum of the average daily membership of the consolidating districts as they existed prior to consolidation from the sum of the adjusted average daily membership of the consolidated districts as they existed prior to consolidation, and dividing the difference by the sum of the average daily membership of the consolidated districts as they existed prior to consolidation. The resulting quotient is multiplied by $4,237.72. Only school districts who have not previously benefited from this section may be included in this calculation.

Source: SL 1996, ch 69, § 12; SL 1997, ch 98, § 9; SL 1998, ch 87, § 1, 2; SL 1999, ch 80, § 1; SL 2000, ch 84, § 5; SL 2007, ch 93, § 5.