Facilities bill CDE on a monthly basis for educational services provided for publicly placed pupils. Billing is based on the full-time equivalent (F.T.E.) of students served. CDE calculates payments by multiplying the daily rate by the number of teacher-pupil instruction days reported by a facility. In FY 2014-15 the daily rate is $45.06. To reflect the limited revenues available, CDE pays only 90% of the monthly payment during the year. Any remaining funds at the end of the year are distributed on a prorated basis.
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