Description: This report reflects PSN-level student enrollment and funding data for all programs within a CEPD (in State Rank order).
Location of Report: www.cteis.com, from the Menu, Select Reports and then select Funding Reports. For Funding Reports for the years 2016 to present, select Funding Report (2016+), and for previous years’ funding reports, select Funding Archives.
What Do I Need to Know About the Distribution of Section 61a1 (Added Cost) Funds?
● There are insufficient Section 61a1 funds available to reimburse all CTE programs.
● Therefore, a priority was established for distribution of Added Cost based on a 60/40% split (60% state determination/40% local determination)
● 60% of the Section 61a1 funds are distributed to the top 20 CIP Codes based on the State Rank List
● The State Rank List is determined by OCTE based on the following 3 equally-weighted factors:
● 40% of the Section 61a1 funds are distributed based on individual programs (PSNs) selected by each CEPD Administrator, and submitted via CEPD Options.
CEPD Level X0110
Explanation of Columns
Header (Upper-Left corner)
CEPD – 2-digit code that identifies the Career Education Planning District.
Share – reflects the CEPD’s portion (percentage and dollar amount) of the 40% CEPD Option funds. CEPD Shares are calculated based on the total number of concentrators and completers in each CEPD, divided by the state total number of concentrators and completers.
The state-assigned program name of each CIP Code.
60% Program Formula Values – this column reflects the result of the following formula - for each program (CIP Code) that is in the top 20 CIP Codes on the State Rank List.
Formula: [(Ex1) + (Nx5) + (Cx10)] x M x R = Program Formula Value (PFV)
Explanation: [(Participants x 1) + (Concentrators x 5) + (Completers x 10)] x Cost Factor x Rank Factor = PFV
In order to calculate the amount of 60% Section 61a1 funds that each program CIP Code will generate, the Program Formula Value (for each PSN) in this column, is divided by the State Total 60% Program Formula Value to produce a fraction. This fraction is then multiplied by the total amount of 60% funds to calculate the dollar amount for each program (PSN).
40% Program Formula Values – this column reflects the result of the following formula - for each program (PSN) in a specific CEPD - that was selected by the CEPD to generate 40% funds.
Formula: [(Ex1) + (Nx5) + (Cx10)] x M = Program Formula Value (PFV)
Explanation: [(Participants x 1) + (Concentrators x 5) + (Completers x 10)] x Cost Factor = PFV
Note: The 40% formula values are calculated by individual CEPD. In order to calculate the amount of 40% Section 61a1 funds each program (in a specific CEPD) will generate, each Program Formula Value in this column (for a specific CEPD) is divided by the CEPD Total 40% Program Formula Value (for that specific CEPD) to produce a fraction. This fraction is then multiplied by the CEPD Share Amount (for that specific CEPD) to calculate the dollar amount generated for each program (PSN) in that specific CEPD.