LEGISLATIVE BUDGET BOARD
Austin, Texas
 
EQUALIZED EDUCATION FUNDING IMPACT STATEMENT
 
80TH LEGISLATIVE REGULAR SESSION
 
May 15, 2007

TO:
Honorable Florence Shapiro, Chair, Senate Committee on Education
 
FROM:
John S. O'Brien, Director, Legislative Budget Board
 
IN RE:
HB828 by Hochberg (Relating to the amount of the guaranteed yield under the Foundation School Program.), As Engrossed

No adverse impact on equalized funding requirements and policies affecting public education is anticipated from the provisions of this bill.  In the event of a decline in the yield represented by the amount of tax revenue per weighted student per cent of tax effort available to the Austin Independent School District, the bill would maintain the level of equalization provided in the prior year under the enrichment tier of the Foundation School Program.


Source Agencies:
LBB Staff:
JOB, UP, JSp