| Date Requested:February 06, 2008 Time Requested:01:11 PM |
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| FUND(S) | |||
|---|---|---|---|
Sources of Revenue | |||
| General Fund | |||
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 grant a $1,600 annual salary to professional educators and a $700 annual increase to service personnel ($70/month), grant a $400 salary supplement to classroom teachers staring at the first year and increase the salary supplement for classroom teachers with 20 or more years of service from $600 to $1,000.
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| Over-all effect |
| Effect of Proposal | Fiscal Year | ||
|---|---|---|---|
| 2008 Increase/Decrease (use"-") |
2009 Increase/Decrease (use"-") |
Fiscal Year (Upon Full Implementation) | |
| 1. Estmated Total Cost | 0 | 67,821,334 | 67,821,334 |
| 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):
The estimated cost of these proposals to the State through the Public School Support Program is $67,821,334, consisting of the following amounts:
Estimated cost to increase the salary of professional educators by $1,600 - $45,102,301 Estimated cost to increase the salary of service personnel by $700 $11,873,272 Estimated cost to grant a $400 salary supplement to classroom teachers $10,845,761 Total estimated cost of proposals $67,821,334 |