LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 77th Regular Session April 9, 2001 TO: Honorable Paul Sadler, Chair, House Committee on Public Education FROM: John Keel, Director, Legislative Budget Board IN RE: HB3310 by Dunnam (Relating to payment sources for a school district's local share of debt service for which the district receives state assistance.), As Introduced ************************************************************************** * No fiscal implication to the State is anticipated. * ************************************************************************** The bill amends sections of the Texas Education Code related to the Instructional Facilities Allotment (IFA) and the Existing Debt Allotment (EDA) to allow school districts to use any funds legally available to meet the local share program requirement. The bill does not change provisions regarding eligibility for the Existing Debt Allotment. This bill would not affect the State's obligations under the IFA and EDA programs. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 701 Texas Education Agency LBB Staff: JK, CT, PF, JM