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What is meant by Adjustment to Local Fiscal Efforts or Reduction of MOE?

April 26, 2017adjustment efforts fiscal local meant MOE reduction

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What is meant by Adjustment to Local Fiscal Efforts or Reduction of MOE?

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This provision of IDEA permits an LEA to reduce the level of expenditures required under MOE by no more than 50 percent of the increase in Part B funds that EXCEED the amount of Part B funds received the previous fiscal year.