In the 2023-2024 fiscal year, the legislature removed the TSIA as a separate categorical within the FEFP and incorporated funds into the Base Funding Allocation. Of each school’s Base Funding Allocation, 4.52% must be used for maintenance of salaries and 1.41% for growth of salaries. The state released a memo on September 11, 2023, indicating that the state’s provided template must be used for submitting the plans. Not sure where to begin? The Charter Support Unit has created a calculator to help you develop you statutorily required distribution plan. This webinar will walk you through how to use the CSU SIA Workbook to complete the required distribution plan.
For more information, regarding the Salary Increase Allocation, please visit here: https://charter.support/document/2023-24-sia/