TO: | Honorable Kent Grusendorf, Chair, House Committee on Public Education |
FROM: | John Keel, Director, Legislative Budget Board |
IN RE: | HB1062 by Bonnen (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 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 | 82.3 | 97.8 |
2005 | 77.0 | 97.7 |
2006 | 83.0 | 97.9 |
2007 | 83.5 | 98.0 |
2008 | 87.4 | 98.1 |
Source Agencies: | |
LBB Staff: | JK, UP, RN, CT
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