LEGISLATIVE BUDGET BOARD
Austin, Texas
 
FISCAL NOTE, 78TH LEGISLATIVE REGULAR SESSION
 
March 24, 2003

TO:
Honorable Kent Grusendorf, Chair, House Committee on Public Education
 
FROM:
John Keel, Director, Legislative Budget Board
 
IN RE:
HB1564 by Truitt (Relating to the use of municipal funds for the acquisition of land or acquisition, construction, expansion, or renovation of facilities for an open-enrollment charter school.), As Introduced

No fiscal implication to the State is anticipated.

The bill amends current law by permitting charter schools to operate in facilities of an "eligible entity" and allowing municipalities to borrow and spend funds for the purpose of facilities acquisition for an open enrollment charter granted to that muncipality.  The bill has no impact on state costs regarding charter schools.  Any funds spent or debt incurred by a municipality for land or facilities for charter schools are solely the responsibility of that municipality. 

Local Government Impact

No significant fiscal implication to units of local government is anticipated.  Municipalities could incur costs, if they choose to provide facilities for open-enrollment charters granted to them.  Because only one such municipality currently exists, statewide local costs would likely be minimal. 


Source Agencies:
701 Central Education Agency
LBB Staff:
JK, CT, UP, JGM