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(IV) FOR FISCAL YEAR 2004, BY DIVIDING THE READING FACTOR
FOR THE LOCAL EDUCATION AGENCY BY 185 AND MULTIPLYING THE RESULT BY THE
FTE TEACHER AMOUNT FOR THE LOCAL EDUCATION AGENCY; AND
(V) FOR FISCAL YEAR 2005 AND EACH SUCCEEDING FISCAL YEAR
BY DIVIDING THE READING FACTOR FOR THE LOCAL EDUCATION AGENCY BY 150 AND
MULTIPLYING THE RESULT BY THE FTE TEACHER AMOUNT FOR THE LOCAL
EDUCATION AGENCY.
(4) THE MATHEMATICS COMPONENT SHALL BE CALCULATED AS
FOLLOWS:
(I) FOR FISCAL YEAR 2001, BY MULTIPLYING THE MATHEMATICS
FACTOR FOR THE LOCAL EDUCATION AGENCY BY ONE THIRD OF THE FTE TEACHER
AMOUNT FOR THE LOCAL EDUCATION AGENCY;
(II) FOR FISCAL YEAR 2002, BY MULTIPLYING THE MATHEMATICS
FACTOR FOR THE LOCAL EDUCATION AGENCY BY TWO THIRDS OF THE FTE TEACHER
AMOUNT FOR THE LOCAL EDUCATION AGENCY; AND
(III) FOR FISCAL YEAR 2003 AND EACH SUCCEEDING FISCAL YEAR,
BY MULTIPLYING THE MATHEMATICS FACTOR FOR THE LOCAL EDUCATION AGENCY
BY THE FTE TEACHER AMOUNT FOR THE LOCAL EDUCATION AGENCY.
(5) (I) THE PROFESSIONAL DEVELOPMENT, MATERIALS, AND
FACILITIES COMPONENT FOR EACH LOCAL EDUCATION AGENCY SHALL BE
DETERMINED EACH YEAR BY THE STATE SUPERINTENDENT.
(II) THE TOTAL OF THE PROFESSIONAL DEVELOPMENT,
MATERIALS, AND FACILITIES COMPONENTS MAY NOT EXCEED $3,000,000 IN ANY
FISCAL YEAR
(E) (1) ON OR BEFORE OCTOBER 1, 1999, EACH LOCAL EDUCATION AGENCY
SHALL SUBMIT A MARYLAND LEARNING SUCCESS PROGRAM PLAN TO THE STATE
SUPERINTENDENT.
(2) THE PLAN SHALL DESCRIBE THE LOCAL EDUCATION AGENCY'S
INTENDED USE OF FUNDING FROM MARYLAND LEARNING SUCCESS PROGRAM
GRANTS, FEDERAL CLASS SIZE REDUCTION INITIATIVE GRANTS PROVIDED IN PUBLIC
LAW 105-277 AND ANY OTHER FEDERAL FUNDS PROVIDED SPECIFICALLY FOR THE
PURPOSE OF ADDING TEACHERS.
(3) THE PLAN SHALL SPECIFY THE USE OF FUNDS FOR:
(I) CLASS SIZE REDUCTION FOR READING INSTRUCTION IN THE
FIRST AND SECOND GRADES TO A RATIO NO GREATER THAN 20 STUDENTS PER ONE
TEACHER;
(II) CLASS SIZE REDUCTION FOR MATHEMATICS INSTRUCTION IN
THE SEVENTH GRADE TO A RATIO NO GREATER THAN 29 STUDENTS PER ONE
TEACHER;
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