This workshop will introduce the FY10 final Chapter 70 and net school spending requirement and provide an overview of how the foundation budget, local contribution, Chapter 70 distributions, required net school spending, and how the local contribution is apportioned to member districts. The FY10 numbers represent the fourth year of major equity changes in the formula. Learn about the aggregate wealth model, your district's ability to pay, your target and whether you are above or below the target. Understand if your local contribution will increase by the MRGF and an increment, or be reduced by a percent of the excess over the target. Understand the difference between required and actual net school spending. In addition to the FY10 final numbers, you will understand the many components of education reform financing, the foundation formula, the regulations and guidelines, indirect costs and other important concepts.

This workshop is recommended for school and town officials or individuals who would like a net school spending overview or refresher.

November 30, 2009 1:30 pm to 4:30 pm Yarmouth Police Station 30 Higgins Crowell Road, Yarmouth, MA 02673
Tuition:	$125.00 per individual; $250.00 per municipality/district
CPE Credit Hours:	3

Instructor: Mark D. Abrahams, CPA

Registration Form

For more information contact Mark D. Abrahams at 617 803-8529 or at Bettergov@aol.com, or visit this website periodically for further updates.