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MR. PERKIHS: I'm talking now about the items --
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you can't cut in the colleges and the University, but even v
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this. formula the State Department of Education reverts at
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least too million, a million and a half every year.
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THE CHAIRMAN: What is the reason?
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MR. PERKINS: Why? Because the formula is
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based on estimates. If you don't have the number of
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students you estimated, then you can't spend the money.
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THE CHAIRMAN: Could you state for the record
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what this formula is we have been talking about in the State
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MR. PERKINS: This is the State aid formula for
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the local school systems which encompasses —
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THE CHAIRMAN: How does it work?
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MR. PERKINS: — these three items right here
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that were submitted to you. All of it is based on students
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children in the school system. Now, he estimates that there
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will be an increase of -- what is it this year?
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DR. SENSENBAUGH: Approximately twenty-five
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to thirty thousand students.
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MR. PERKINS: So, it is an estimate.
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THE CHAIRMAN: You have the total number of
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