Lunch Price Increase Effective January 6, 2014
As of January 6, 2014 the cost of school lunches will increase ten cents from $2.25 to $2.35 grades K – 4 and from $2.50 to $2.60 grades 5 – 12. This is due to the “School Food Service Account Revenues Amendments Related to the Healthy, Hunger-Free Kids Act of 2010”requiring school food authorities participating in the National School Lunch Program to ensure sufficient funds are provided to the nonprofit school food service account for meals served to students not eligible for free and reduced price meals.
School food authorities must annually review their paid lunch revenue to assure compliance with the paid lunch equity requirement. When the average paid lunch price is less than the difference between the free and paid Federal reimbursement rates, the district must determine how they will meet the requirement. IKM-Manning CSD has elected to increase the average paid lunch price by a factor of two percent plus the annual inflation rate.
These calculations are figured by the Paid Lunch Revenue (PLE) tool provided by the Food and Nutrition Service which figures the reimbursement and inflation rates and account for, as applicable, any shortfall in meeting the PLE requirement and make the needed adjustments. In our case the needed adjustment is to raise the cost of our meals by ten cents. Again, starting January 6, 2014 the price for grades K – 4 lunches will be $2.35 and $2.60 grades 5 – 12.
As of January 6, 2014 the cost of school lunches will increase ten cents from $2.25 to $2.35 grades K – 4 and from $2.50 to $2.60 grades 5 – 12. This is due to the “School Food Service Account Revenues Amendments Related to the Healthy, Hunger-Free Kids Act of 2010”requiring school food authorities participating in the National School Lunch Program to ensure sufficient funds are provided to the nonprofit school food service account for meals served to students not eligible for free and reduced price meals.
School food authorities must annually review their paid lunch revenue to assure compliance with the paid lunch equity requirement. When the average paid lunch price is less than the difference between the free and paid Federal reimbursement rates, the district must determine how they will meet the requirement. IKM-Manning CSD has elected to increase the average paid lunch price by a factor of two percent plus the annual inflation rate.
These calculations are figured by the Paid Lunch Revenue (PLE) tool provided by the Food and Nutrition Service which figures the reimbursement and inflation rates and account for, as applicable, any shortfall in meeting the PLE requirement and make the needed adjustments. In our case the needed adjustment is to raise the cost of our meals by ten cents. Again, starting January 6, 2014 the price for grades K – 4 lunches will be $2.35 and $2.60 grades 5 – 12.
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