NOTE: As provided in LFC policy, this report is intended for use by the standing finance committees of the legislature.  The Legislative Finance Committee does not assume responsibility for the accuracy of the information in this report when used in any other situation.



Only the most recent FIR version, excluding attachments, is available on the Intranet. Previously issued FIRs and attachments may be obtained from the LFC office in Suite 101 of the State Capitol Building North.





F I S C A L I M P A C T R E P O R T





SPONSOR: Maloof DATE TYPED: 03/31/00 HB
SHORT TITLE: Economic Education Instruction SB SJM 3
ANALYST: Fernandez


APPROPRIATION



Appropriation Contained
Estimated Additional Impact
Recurring

or Non-Rec

Fund

Affected

FY00 FY01 FY00 FY01

See Narrative

(Parenthesis ( ) Indicate Expenditure Decreases)



Relates to SB15 and HB2



SOURCES OF INFORMATION



LFC Files



SUMMARY



Synopsis of Bill



Senate Joint Memorial 3 requests the State Department of Public Education to provide economic education instruction and other business-related training to elementary and secondary public school teachers in the state with existing resources.



Significant Issues



See below.



FISCAL IMPLICATIONS



The department is requested to allocate $50.0 of the FY01 appropriation for economic education and other business-related training to school teachers statewide.



In order to comply with this request, SDE would have to enter into a contractual agreement with an independent provider and re-prioritize FY01 needs.



Currently, the general fund appropriation contained in SB15 and HB2 to SDE in the contractual services category is $730.6. Of the $730.6 amount, $480.0 is for standards-based assessment needs for grades 3, 5, 7 and 9, $20.0 for writing assessment in grades 4 and 6, $75.0 for the high school competency exam, $19.0 for software maintenance for equipment in professional licensure, $52.0 for maintenance of data processing equipment in information services and data collection, $15.0 to design and print the Quality of Education Survey, $20.0 for standards revision, the remaining balance of $49.6 supports other general fund programs such as bilingual education, alternative education, and vocational education.



It should also be noted, in Section 12, Budget Adjustment Authorization, both SB15 and HB2 do not allow agency category transfers of funds in or out of the contractual services category.



The department may also consider exploring the possibility of using federal funds in order to comply with Senate Joint Memorial 3.



CONFLICT/DUPLICATION/COMPANIONSHIP/RELATIONSHIP

Included in SB15 and HB2 is $2,000.0 for professional development to be distributed statewide to local school districts.



CTF/gm