LEGISLATIVE BUDGET BOARD
Austin, Texas
FISCAL NOTE
75th Regular Session
April 30, 1997
TO: Honorable Bill Ratliff, Chair IN RE: Senate Bill No. 1873
Committee on Finance By: Bivins
Senate
Austin, Texas
FROM: John Keel, Director
In response to your request for a Fiscal Note on SB1873 ( Relating
to public school finance, including the abolition of the foundation
school fund budget committee.) this office has detemined the
following:
Biennial Net Impact to General Revenue Funds by SB1873-As Introduced
No significant fiscal implication to the State is anticipated.
The bill would make no appropriation but could provide
the legal basis for an appropriation of funds to implement the
provisions of the bill.
The bill would abolish the Foundation School Fund Budget Committee.
Many of the resonsibilities related to funding elements would
be reassigned to the Legislative Budget Board. The bill also
would remove authorization to count optional extended year attendance
in the count of total attendance for school districts. The
bill would make recognition of property value declines specifically
subject to appropriation and authorize the use of estimated
data in the appropriations act for cash flow purposes.
School
districts would be required to report by September 1 of each
year the tax rates and student counts expected for the coming
school year to the Legislative Budget Board. While this is
an additional reporting requirement, the volume of data and
effort required should be insignificant.
Source: Agencies: 701 Texas Education Agency - Administration
LBB Staff: JK ,RR ,DD