Fiscal Note

HB0212 - State System of Public Education Amendments

State Impact:
Enactment of this bill appropriates $85,692,967 from the Uniform School Fund to the Minimum School Program by increasing the value of the Weighted Pupil Unit (WPU) from $2,514 to $2,602. Of the amount appropriated, $62,836,840 could be distributed to school districts under the Basic School Program. The remainder, $22,856,127, will remain at the State Office of Education as a Minimum School Program nonlapsing balance.

Funding SourceFY 2008
Approp.
FY 2009
Approp.
FY 2010
Approp.
FY 2008
Revenue
FY 2009
Revenue
FY 2010
Revenue
Uniform School Fund$0$85,692,967$85,692,967$0$0$0
Nonlapsing Funds$0($22,856,127)($22,856,127)$0$0$0
   Total
$0

$62,836,840

$62,836,840

$0

$0

$0

Individual, Business and/or Local Impact:
Enactment of this bill likely will not result in direct, measurable costs for individuals, businesses, or local governments.

2/13/2008, 11:08:08 AM, Lead Analyst: Lee, P.W.Office of the Legislative Fiscal Analyst