| TO: | Honorable Kent Grusendorf, Chair, House Committee on Public Education |
| FROM: | John Keel, Director, Legislative Budget Board |
| IN RE: | HB5 by Grusendorf (Relating to public school finance.), As Introduced |
The bill would make formula and/or structural changes to the Foundation School Program. The percent of equalized revenue in the system and the percent of students in the equalized system during each of the first five years following passage is estimated as follows:
| Fiscal Year | Percent of Students in the Equalized System | Percent of Equalized Revenue |
|---|---|---|
| 2004 | 82.2 | 97.8 |
| 2005 | 77.0 | 97.7 |
| 2006 | 78.2 | 98.4 |
| 2007 | 83.5 | 98.5 |
| 2008 | 87.4 | 98.6 |
| Source Agencies: | |
| LBB Staff: | JK, JO, UP, RN
|