Located in:
- Career and Technical Education Programs Authorized Under the Carl D. Perkins Career and Technical Education Act of 2006
- f. Financial Requirements
As noted above, in addition to the narrative information provided below, you must submit an updated budget (Item B.1a below) for the upcoming program year using the link to the Perkins State Plan Portal below.
- f. Financial Requirements
f. 1. B. You Must Provide the Specific Dollar Allocations Made Available by the Eligible Agency for Career and Technical Education Programs Under Sections 131(a)-(e) and How These Allocations Are Distributed to Local Educational Agencies, Area Career and Technical Education Schools, and Educational Service Agencies Within the State. (section 131(g); Section202(c))
Current Narrative:
The calculations for the consortium award of basic grant allocations will be based on: Local Consortium Formula Allocation amounts: Secondary formula: • Most current U. S. Census data for the population by school district of individuals aged 5-17 • Most current (same year as above) U. S. Census data for the population by school district of individuals aged 5-17 in households of poverty • Description (70% District population 5-17 in poverty/state population 5-17 in poverty times the total secondary formula amount) plus 30% district population 5-17/state population 5-17 times the total secondary formula amount for the state from the OCTAE allocation-42% or $5,360,774 est. in 2015-2016 ) is calculated for each district. The secondary consortium formula=the sum of the amounts calculated for each district member of the consortium.
Postsecondary formula: • Previous year CTE Postsecondary Pell Recipients • Description (Pell recipients in the college in Perkins eligible programs/ Pell recipients in the state in Perkins eligible programs times the total postsecondary formula amount for the state from the OCTAE allocation-58% or $7,402,973 est. in 2015-2016) is calculated for each college. The postsecondary consortium formula=the sum of the amounts calculated for each college member of the consortium. Again, for postsecondary, the poverty measure is Pell grant recipients enrolled in CTE programs offered at colleges within the Minnesota State Colleges and Universities system. Secondary allocations for Minnesota make use of U.S. Census data for the distribution of secondary funds, basing 30% of the secondary distribution on the estimated population 5–17 and 70% on the estimated number of relevant children 5–17 years old in poverty who are related to the householder.
Use of the Ten Percent Reserve Funds ($1,418,194) are distributed to the local consortia as follows: • Eligible recipients receiving the 10% reserve funding in Minnesota under section 112(c) of Carl Perkins IV must meet one of two criteria: “rural area” designation as defined as a consortium with greater than 250 square miles of geographic area served, or a “high numbers” consortium serving CT student headcount greater than 50% of the average consortium total headcount served in the prior year. Minnesota distributes 10% of the Basic Grant funds available for distribution to eligible local school districts and colleges on the basis of a modified formula: a. One half on the ratio of the geographic area of the consortium to the geographic area of the state. Such a distribution recognizes that geographically sparse regions have additional costs associated with such sparsity, especially with the emphasis in the Minnesota plan on consortium development and operations. b. One half on the basis of participation in career and technical education programs weighted 3 to 1 for secondary participants. Such a distribution rewards high quality career and technical education programs that attract high levels of participation, but recognized through its secondary weighting that guidance activities and pre-career and technical programming that had been supported in secondary schools remain an important focus of each consortium.
Administration and State Leadership Funds: After subtracting 85% for total Perkins funds, the remaining 15% ($2,502,495) is allocated towards administration and state leadership funds, with 5% for state administration and 10% for state leadership activities.