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good morning my name is ash in lieu Im the director of this cooperation oversee Bos payment and a better team todays webinar we are going to talk about some high-level of how charter payment being calculated and hopefully this will help you to gain a better understanding of payment calculation and reporting here are the topics we are going to cover today there are three big elements of charter equalization payment also called state a payment which is the student account student count based support level and additional assistance and then we go over the Charter payment report which are char 55 - 1 and the char 64 - 1 report after that well talk about additional payment such as classroom syphon and the instructional improvement fund and at last we also need to talk about the forms you need to turn in to Gao which is a General Accounting Office and state treasurers office for your payment distribution here you can see the two components for charter equation payment calculation there