| TO: | Honorable Florence Shapiro, Chair, Senate Committee on Education |
| FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
| IN RE: | SB8 by Shapiro (Relating to public education and public school finance matters; imposing criminal penalties.), Committee Report 1st House, Substituted |
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 |
|---|---|
| 2006 | 95.0 |
| 2007 | 98.0 |
| 2008 | 98.0 |
| 2009 | 98.0 |
| 2010 | 98.0 |
| Source Agencies: | 701 Central Education Agency
|
| LBB Staff: | JOB, CL, CT
|