School finance-model recalibration.

05LSO-0569.L1

                                                         

FISCAL NOTE

 

This bill contains an appropriation of $50,000 from the GENERAL FUND to the Legislative Service Office, which shall be used to fund necessary expenses of the select committee. This appropriation is effective immediately.

 

This bill contains an appropriation of $760,000 from the GENERAL FUND to the Legislative Service Office to fund model recalibration. This appropriation is effective immediately.

 

This bill contains an appropriation of $500,000 from the GENERAL FUND to the Attorney General for funding expenses associated with school finance litigation. This appropriation is effective immediately.

 

This bill contains an appropriation of $973,586 from the GENERAL FUND to the Department of Education to improve the quality and availability of data necessary for computations under the education resource block grant model and for model recalibration efforts. This appropriation is effective immediately.

 

This bill contains an authorization of 5 Full-Time positions.

 

 

 

 

 

 

Prepared by:   Mary Byrnes, LSO   Phone:   777-7881