Summary of Finances
The Summary of Finances (SOF) is a state aid report produced by the ɬÀï·¬ Education Agency for each school district and charter school. It describes the district’s or school’s funding elements and Foundation School Program (FSP) state aid.
The report includes information on:
- the number of students in average daily attendance (ADA) and weighted average daily attendance (WADA),
- the number of students making up special student populations,
- property values,
- tax rates, and
- tax collections.
The SOF also shows the Tier I entitlement (basic entitlement), the Tier II allotment (supplemental funding), and a variety of other FSP allotments, including facilities allotments, if any.
For each district, the ɬÀï·¬produces several SOF reports throughout the school year, updating the information in the report as new data become available.Ìý
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Link to Report and Explanation of Report Data Elements
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For more information, contact the State Funding Division:
(512) 463-9238