Sources of Revenue:

General Fund

Legislation creates:

Neither Program nor Fund

Fiscal Note Summary

Effect this measure will have on costs and revenues of state government.

    The purpose of this bill is to reduce the amount of local property tax collections captured in the local share calculation from 90% to 80% in FY 13 and then further reduce it to 70% for FY 14 and thereafter; increase the minimum amount of funding for the improvement of instructional programs to $50 million; increase the amount of funding for alternative education programs to $8 million; provide $5 million to be used for capacity building in low performing schools; and create a reserve amount from the reduction in salary allowances caused by a decrease in enrollment to be used for professional and service personnel salary increases.

Fiscal Note Detail

Effect of Proposal Fiscal Year
Fiscal Year
(Upon Full
1. Estmated Total Cost 0 65,346,293 112,605,119
Personal Services 0 0 0
Current Expenses 0 0 0
Repairs and Alterations 0 0 0
Assets 0 0 0
Other 0 0 0
2. Estimated Total Revenues 0 0 0

Explanation of above estimates (including long-range effect):

    This proposed legislation will result in an increase in the appropriation request for the Public School Support Program by an estimated $65,346,293 in FY 2013 and an estimated $112,605,119 in FY 2014 and thereafter.



    Person submitting Fiscal Note: Brenda Freed
    Email Address: