|Date Requested:January 13, 2012
Time Requested:03:51 PM
| FUND(S) |
Sources of Revenue
Legislation creates:Neither Program nor Fund
Effect this measure will have on costs and revenues of state government.
| Change the foundation allowance for current expense (Step 6a) under the Public School Support Program. The bill replaces the current ten percent allowance adjusted by school attendance with one that is based on state average expenditures for operation and maintenance, as adjusted for net enrollment and population density.
|Effect of Proposal||Fiscal Year|
|1. Estmated Total Cost||0||5,641,941||5,641,941|
|Repairs and Alterations||0||0||0|
|2. Estimated Total Revenues||0||0||0|
3. Explanation of above estimates (including long-range effect):
The estimated cost to the State to implement the proposed legislation under Step 6a of the Public School Support Program is an additional $5,641,941 per year.