Number: RL33676
Title: Career and Technical Education: State Grant Formula
Authors: Rebecca R. Skinner and Richard N. Apling, Domestic Social Policy Division 
Abstract: This report examines the state grant formula authorized by Perkins IV. It begins with a discussion of how the amount of funds available for state grants is calculated and how FY2006 grants were determined under Perkins III. This is followed by a detailed analysis of how the formula works when appropriations are equal to or below the FY2006 amount - both the House Committee on Appropriations (H.R. 5647; H.Rept. 109-515) and the Senate Committee on Appropriations (S. 3708; S.Rept. 109-287) have reported FY2007 appropriations bills that would provide level funding to the state grant program, at $1,182,388,000. The third part of the report analyzes the state grant formula that will be applied if appropriations exceed the FY2006 amount. Under this scenario, it is assumed that appropriations would increase by 1%.
Pages: 21
Date: September 29, 2006