|Date Requested:February 16, 2005
Time Requested:05:05 PM
| FUND(S) |
Sources of Revenue
Legislation creates:Neither Program nor Fund
Effect this measure will have on costs and revenues of state government.
| The purpose of this bill is to increase the principals’ increment rates for principals by 5 percentage points and for assistant principals by 2 ½ percentage points.
|Effect of Proposal||Fiscal Year|
|1. Estmated Total Cost||0||1,704,317||1,704,317|
|Repairs and Alterations||0||0||0|
|2. Estimated Total Revenues||0||0||0|
3. Explanation of above estimates (including long-range effect):
The total estimated cost of this proposal would be $1,704,317, which would be an additional cost to the State through the Public School Support Program. See the attached schedule for a detailed explanation of the calculation.