|Date Requested:February 16, 2013
Time Requested:11:52 AM
| FUND(S) |
Sources of Revenue
|Other Fund N/A|
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 increase salary increments paid to principals by 3% and assistant principals by 1.5%.|
|Effect of Proposal||Fiscal Year|
|1. Estmated Total Cost||0||1,243,163||1,243,163|
|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 under the Public School Support Program (PSSP) for the increase in salary increments for principals and assistant principals is $1,243,163. The estimated cost includes an increase in Steps 1, 3, and 6 of PSSP, as well as an increase in retirement.