TO: | Honorable Kent Grusendorf, Chair, House Committee on Public Education |
FROM: | John S. O'Brien, Deputy Director, Legislative Budget Board |
IN RE: | HB89 by Delisi (Relating to compensation supplementation for certain educational employees.), As Introduced |
Fiscal Year | Probable Net Positive/(Negative) Impact to General Revenue Related Funds |
---|---|
2007 | ($160,433,000) |
2008 | ($163,321,000) |
2009 | ($166,261,000) |
2010 | ($169,254,000) |
2011 | ($172,300,000) |
Fiscal Year | Probable Savings/(Cost) from GENERAL REVENUE FUND 1 |
---|---|
2007 | ($160,433,000) |
2008 | ($163,321,000) |
2009 | ($166,261,000) |
2010 | ($169,254,000) |
2011 | ($172,300,000) |
Under current law, the rate at which the compensation supplement is paid is set in the General Appropriations Act (GAA). The 2006-07 GAA, 79th Legislature, Regular Session, 2005, set the rate for fiscal years 2006 and 2007 at $500 for eligible full-time employees and $250 for eligible part-time employees. Increasing the entitlement to $1,000 for MSS employees would increase the cost in fiscal year 2007 by an estimated $160 million.
Assuming that the rate set in the GAA in future years remains at $500 for full-time employees and $250 for part-time employees, the cost of increasing the entitlement for MSS employees in fiscal year 2008 would be about $163 million, increasing to about $172 million by fiscal year 2011.
Source Agencies: | 701 Central Education Agency
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LBB Staff: | JOB, CT, JSc
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