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Introduced Version House Bill 2436 History

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Key: Green = existing Code. Red = new code to be enacted

WEST virginia Legislature

2017 regular session

Introduced

House Bill 2436

By Delegates Gearheart, Butler and Folk  

[Introduced February 14, 2017; Referred
to the Committee on Education then Finance.]

A BILL to amend and reenact §18-9B-5 of the Code of West Virginia, 1931, as amended, relating to suspending the implementation of the school aid formula until the year 2021; requiring that all school systems be funded at the level established by the 2016-2017 budget; and providing that the Legislature develop a new funding formula to be implemented for the budget year 2021-2022.

Be it enacted by the Legislature of West Virginia:


That §18-9B-5 of the Code of West Virginia, 1931, as amended, be amended and reenacted to read as follows:

ARTICLE 9B. STATE BOARD OF SCHOOL FINANCE.


§18-9B-5. School district budgeting.

(a) The board of finance shall formulate and prescribe a uniform system of school district budgeting for the use of all county school districts to include, at least:

(1) Itemization schedules for estimating anticipated revenues and receipts of all kinds;

(2) Itemization schedules for estimating anticipated requirements for expenditure during the fiscal year;

(3) The form, classification and itemization of budget items for appropriation purposes;

(4) Expenditure schedules for the allotment of amounts of proposed expenditures throughout the fiscal year;

(5) A budget calendar fixing the dates by or upon which schedules shall be prepared, budgets adopted, and reports made to the board of finance;

(6) Methods and procedures of budgeting to be followed in the use of the uniform system.

(b) Notwithstanding any other provision of this code to the contrary, the implementation of the school aid funding formula for school district budgeting and the budget provisions of this article for that purpose are suspended until the budget year 2021, during which period the funding levels established by the 2016-2017 budget year shall apply.  The Legislature shall develop a new funding formula to be implemented for the budget year 2021-2022.

 

NOTE: The purpose of this bill is to suspend the implementation of the school aid formula for school district budgeting until the year 2021; requiring that all school systems be funded at the level established by the 2016-2017 budget during this period; and providing that the Legislature develop a new funding formula to be implemented for the budget year 2021-2022.

Strike-throughs indicate language that would be stricken from a heading or the present law and underscoring indicates new language that would be added.

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