TO: | Honorable Kent Grusendorf, Chair, House Committee on Public Education |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | HB251 by Jones, Elizabeth (Relating to the equalized wealth level under the public school finance system.), As Introduced |
The bill would make formula and/or structural changes to the Foundation School Program. The percent of equalized revenue in the system during each of the first five years following passage is estimated as follows:
Fiscal Year | Percent of Equalized Revenue |
---|---|
2004 | 97.5 |
2005 | 97.4 |
2006 | 97.6 |
2007 | 97.7 |
2008 | 97.9 |
Source Agencies: | |
LBB Staff: | JK, JO, UP, RN
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