Honorable Jimmie Don Aycock, Chair, House Committee on Public Education
FROM:
Ursula Parks, Director, Legislative Budget Board
IN RE:
HB2251 by Anchia (relating to an established schedule of payments from the foundation school fund of the yearly entitlement of certain open-enrollment charter schools.), Committee Report 1st House, Substituted
No significant fiscal implication to the State is anticipated.
The bill would amend the Education Code to allow a higher percentage of annual entitlements to be paid to charter schools with 10 percent growth in enrollment compared to the prior year.
The bill would take effect on September 1, 2015, or immediately if passed with the necessary voting margins, and apply beginning in school year 2015-16.
Based on the analysis of the Texas Education Agency, duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources.
Local Government Impact
Eligible charter schools could request a modified payment schedule so that more of the school's funding is paid in the first few months of the school year.
Source Agencies:
701 Central Education Agency, 304 Comptroller of Public Accounts