ANN REID EARLY CHILDHOOD CENTER (BT3 - PK)

Real Receipts is a component of the calculation that determines a district’s Local Capacity Target. Real Receipts reflect a simulation of local tax revenue when multiplying Equalized Assessed Valuation (EAV) by the adjusted operating tax rate.

The Local Capacity Target (LCT) is a component of a district’s calculated Resources. LCT represents an estimation of what a district’s local expected contribution to the cost of education should be. This is calculated through various steps that consider the district’s local property wealth or Equalized Assessed Valuation (EAV) and simulated tax revenue or Real Receipts. For more detailed information on the steps to determine the Local Capacity Target please refer to the Evidence-Based Funding Distribution Technical Guide.

Comparing Real Receipts to the Local Capacity Target will estimate a district’s ability to generate local revenue compared to the estimated cost of providing an adequate education per EBF cost factors.

• EBF Calculations for Distribution