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INTEGRITY EDUCATIONAL CENTER

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K: FINANCIAL CAPACITY<br />

YEAR 2 2012-20<br />

Table 4. Year 2 IEC Estimated Funding Model and Categorical Funding Sources<br />

Assumptions 10th 116 12'h Total<br />

Enrollment 90 100 50 240<br />

Percent Students Who Attend on Average Day 95% 95% 95%<br />

Estimate Average Daily Attendance ( ADA) 85.5 95 47.5 228<br />

General Purpose Funding per ADA $6,380 $6,380 $6,380 $ 1,454,640<br />

Categor cal Block Grant per ADA $127 $127 $127 $ 28,956<br />

Lottery Revenue per ADA $128 8128 $128 $ 29,184<br />

Economic Impact Aid per Eligible Student (50% of enrollment) $402.96 $402.96 $402.96 $ 48,355<br />

Public Charter School Grant ( PCSGP) $ 175,000<br />

Total Revenue $ 1,736,135<br />

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