School finance-cash reserve computations.

05LSO-0613.L1

                                                         

FISCAL NOTE

 

The fiscal impact is indeterminable.

 

The fiscal impact is not quantifiable at this time. However, exempting rebated recapture from cash reserve calculations will result in less recapture revenues to the School Foundation Program (SFP) in the future and potentially increased entitlement payments from the SFP.

 

 

 

 

 

 

 

 

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