S.B.
202
CHARTER SCHOOL FUNDING AMENDMENTS
Senate Floor
Amendments
Amendment 1 March 10, 2014 7:42 PM
Senator Howard A. Stephenson
proposes the following amendments:
1. Page
1, Lines 12 through 13
:
12
.
{
increases the percentage of district per pupil local revenues
}
provides
that a school
district
{
is
13
required to
}
shall
contribute
25% of district per pupil local revenues
for each resident student
enrolled in a charter school.
2. Page
3, Line 89 through Page 4, Line 99
:
89
(4) (a) (i)
{
[
}
A
{
]
}
{
In the 2014-15 fiscal year, a
}
school district shall allocate a
portion of
90
school district revenues for each resident student of the school district who is enrolled in a
91
charter school on October 1 equal to [25% of the lesser of: (A)]
{
26%
}
25%
of district per pupil
local
92
revenues[; or].
93
[(B) charter school students' average local revenues.]
94
{
(ii) Beginning in the 2015-16 fiscal year, the percentage of district per pupil local
95
revenues that a school district is required to contribute for each resident student who is enrolled
96
in a charter school on October 1 increases by two percentage points each fiscal year up to a
97
maximum contribution of 50% of district per pupil local revenues for each resident student
98
who is enrolled in a charter school on October 1.
}
99
{
[
}
(ii)
{
]
}
{
(iii)
}
Nothing in this Subsection (4)(a) affects the school bond guarantee
program
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M 03/10/14 5:36p