Date Requested:March 11, 2005
Time Requested:12:50 PM
Agency: Education, Department of
CBD Number: Version: Bill Number: Resolution Number:
2005R1421 Intro HB2994
CBD Subject: School Aid Formula
FUND(S)
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 provide that the foundation allowance for regional education service agencies (RESAs) is established by the Legislature and that the foundation allowance for improving instructional programs shall be at least $33,000,000. In addition, the bill adds a foundation allowance for capacity building in an amount of at least $5,000,000 and a foundation allowance for safe schools in an amount of at least $8,000,000. Increases in local share are allocated to provide salary increments for professional educators and any excess amounts are to be used for across-the-board salary increases for professional educators. Also, a salary enhancement line item to be used for salary increments is created from the reduction in state aid due to the decreases in net and adjusted enrollment.
    
    

Fiscal Note Detail
Over-all effect
Effect of Proposal Fiscal Year
2005
Increase/Decrease
(use"-")
2006
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 38,611,811 38,611,811
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
3. Explanation of above estimates (including long-range effect):
    Since the foundation allowance for RESAs is to be set by the Legislature and the allowance for the improvement of instructional programs has traditionally been appropriated in the amount of $33,000,000, there is no additional estimated cost for these portions of the proposal. The total estimated cost to the State for the remainder of the proposal is $38,611,811.
    


Memorandum
Person submitting Fiscal Note:
Renee Hodges
Email Address:
ahodges@access.k12.wv.us