Grant programs like TLCF
are enabling school districts to purchase new computers for their classrooms.
1) the top statutory corporate tax rate if taxable income is positive and the amount of tax loss carryforwards (TLCF) is nonpositive;
2) one-half the top tax rate if either taxable income is positive or TLCF is nonpositive; and
3) zero if taxable income is nonpositive and TLCF is positive.
The committee determined that MPS could apply for 15% of the distributable funds, which is the same percentage they received in the previous year under TLCF. In addition, NCLB requires that a minimum of 25% of grant money be used for professional development.
We felt this was one weakness in the TLCF program--there was not enough baseline or post-grant data to determine if the funding made a difference.
The TLCF grant project had to be approached strategically to meet all of the identified needs.
Leadership training for administrators and classroom integration training for teachers, coupled with the ability to collaborate with colleagues and experts nationwide, made this TLCF project an experience of phenomenal proportions for the participating K-12 schools.
For the first two years after the TLCF grants were received, the Pahokee schools focused on researching student records and inputting information into a uniform database.
"The TLCF grant gave the Pahokee schools the ability to fund technology," says Dean.
The second instrument distributed in the package of tools was a chart of rubrics designed for tracking progress in the North Carolina TLCF proposals.
TLCF but addresses five areas of the technology program.