State Impact:
The enactment of this bill will reduce an estimated $1,270,500 in Uniform School Fund revenue due to the available tax credit for FY 2002. The Tax Commission would
require an appropriation from the Uniform School Fund of $33,700 for administrative costs. The bill has a cumulative effect eventually impacting kindergarten through
grade twelve. Depending on how many children are placed in private schools over time could provide savings in capital costs and local school district expenditures.
Funding Source |
FY 02 Approp. |
FY 03 Approp. |
FY 02 Revenue |
FY 03 Revenue |
Uniform School Fund
|
$0
|
$0
|
($1,270,500)
|
($2,910,000)
|
Uniform School Fund
|
$33,700
|
$4,300
|
$0
|
$0
|
TOTAL |
$33,700
|
$4,300
|
($1,270,500)
|
($2,910,000)
|
Individual and Business Impact:
Office of the Legislative Fiscal Analyst
2/14/2001 5:10:22 PM
|