NOTE:  As provided in LFC policy, this report is intended only 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 for other purposes.

 

The most recent FIR version (in HTML & Adobe PDF formats) is available on the Legislative Website.  The Adobe PDF version includes all attachments, whereas the HTML version does not.  Previously issued FIRs and attachments may be obtained from the LFC 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:

Altamirano

 

DATE TYPED:

2/21/03

 

HB

 

 

SHORT TITLE:

Education Appropriation Act of 2003

 

SB

845

 

 

ANALYST:

 

 

APPROPRIATION

 

Appropriation Contained

Estimated Additional Impact

Recurring

or Non-Rec

Fund

Affected

FY03

FY04

FY03

FY04

 

 

 

 

$1,889,593.2

 

 

Recurring

General Fund

 

 

 

 

 

 

(Parenthesis ( ) Indicate Expenditure Decreases)

 

SOURCES OF INFORMATION

 

LFC Files

SUMMARY

 

     Synopsis of Bill

 

Senate Bill 845 is cited as the Education Appropriation Act of 2003. The legislation provides funding for Public School Support in FY04.

 

     Significant Issues

 

The legislation provides salary increases for teachers and other public school employees, insurance costs, implementation of the first year of the Tiered Licensure Structure, and funding for the fourth year of the five year phase-in of Kindergarten.

 

The bill provides categorical funding for school transportation, Instructional Materials Fund, Educational Technology Fund, and Incentives for School Improvement.

 

In other related appropriations, the bill includes funding for the State Department of Education, Adult Basic Education, Enrollment Growth formula change, Indian Education Act and Strengthening Quality in Schools.

 

FISCAL IMPLICATIONS

 

Senate Bill 845 appropriates $1,889,593.2 a 4.66% increase over FY03, and is recurring. The appropriation includes a credit of $16,400.0 in cash balances, and $58,600.0 primarily from Impact-Aid and $2,000.0 from license fees. The bill appropriates $84,190.6 in new general fund dollars. An attached spread sheet provides a detail of the funding level for each program area. 

 

ADMINISTRATIVE IMPLICATIONS

 

The Public School Support Recommendation would be administered by the specific school district and with the SDE providing administrative oversight.

 

RELATIONSHIP

 

Relates to House Bill 3 and House Bill 212

 

RS/njw:yr

Attachment