LEGISLATIVE BUDGET BOARD

Austin, Texas

FISCAL NOTE, 78TH LEGISLATURE 1st CALLED SESSION - 2003

July 10, 2003

TO:	Honorable Talmadge Heflin, Chair, House Committee on Appropriations
FROM:	John Keel, Director, Legislative Budget Board
IN RE:	HB84 by Grusendorf (Relating to certain changes made to Section 42.259, Education Code, by the 78th Legislature, Regular Session, 2003.), As Introduced

Estimated Two-year Net Impact to General Revenue Related Funds for HB84, As Introduced: an impact of $0 through the biennium ending August 31, 2005.

General Revenue-Related Funds, Five-Year Impact:

Fiscal Year	Probable Net Positive/(Negative) Impact to General Revenue Related Funds
2003	($699,891,000)
2004	$699,891,000
2005	$0
2006	$0
2007	$0

All Funds, Five-Year Impact:

Fiscal Year	Probable Savings/(Cost) from FOUNDATION SCHOOL FUND 193
2003	($699,891,000)
2004	$699,891,000
2005	$0
2006	$0
2007	$0

Fiscal Analysis

House Bill 2425, Seventy-eighth Texas Legislature, Regular Session, changed the date of the final Foundation School Program payment each year from August to September.  The section in House Bill 2425 that delayed the payment had immediate effect.

House Bill 84 would implement the payment delay beginning with fiscal year 2004 rather than fiscal year 2003.

Methodology

This estimate is based on the projected final Foundation School Program payments to school districts for the 2002-03 school year.  This estimate assumes immediate effect.

Local Government Impact

Affected school districts would receive a Foundation School Program payment in August 2003.

Source Agencies:

304 Comptroller of Public Accounts, 701 Central Education Agency

LBB Staff:

JK, SD, RS