Date Requested:February 15, 2011
Time Requested:04:21 PM
Agency: Education, Department of
CBD Number: Version: Bill Number: Resolution Number:
2011R2658 Introduced HB3130
CBD Subject: RESA FUNDING 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.

    

Fiscal Note Detail
Over-all effect
Effect of Proposal Fiscal Year
2011
Increase/Decrease
(use"-")
2012
Increase/Decrease
(use"-")
Fiscal Year
(Upon Full
Implementation)
1. Estmated Total Cost 0 1,369,199 1,369,199
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 purpose of this bill is to remove the $3,990,000 cap on regional education service agencies (RESA) funding and allow the total amount for RESAs to be calculated by multiplying the Step 1 allocation by 0.63%.
    
    The estimated cost to the State through the Public School Support Program for this proposal for the 2011-12 year is $1,369,199.
    


Memorandum
Person submitting Fiscal Note:
Pam Bird for Joe Panetta
Email Address:
pbird@access.k12.wv.us