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All school funding calculations under AS 14.17 and this chapter that are based on ADM are to be rounded to the second decimal place. For purposes of rounding under this section, if the digit in the third decimal place of a calculated number is
(1) five or greater, the calculated number is to be rounded upward;
(2) lower than five, the calculated number is to be rounded downward.
History: Eff. 7/22/99, Register 151
Authority: AS 14.07.060
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Last modified 7/05/2006