LEGISLATIVE BUDGET BOARD
Austin, Texas
 
EQUALIZED EDUCATION FUNDING IMPACT STATEMENT
 
79TH LEGISLATIVE REGULAR SESSION
 
February 8, 2005

TO:
Honorable Kent Grusendorf, Chair, House Committee on Public Education
 
FROM:
John S. O'Brien, Deputy Director, Legislative Budget Board
 
IN RE:
HB2 by Grusendorf (Relating to public education and public school finance matters.), 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
2006 99.0
2007 99.0
2008 99.0
2009 99.0
2010 98.0


Source Agencies:
LBB Staff:
JOB, WP, JSc