|Date Requested:March 11, 2005
Time Requested:12:50 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 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.
|Effect of Proposal||Fiscal Year|
|1. Estmated Total Cost||0||38,611,811||38,611,811|
|Repairs and Alterations||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.