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Download Zipped Introduced WP 6.1 SB0139.zip
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There will be a potential loss of local revenue of $723,800 in FY 2000 and a loss of $126,200 in Local Contributions to the Minimum School Program. Under a full year implementation in FY 2001, there will be a potential loss of local property tax revenues of approximately $1,447,600 and a potential loss of Local Contribution to the Minimum School Program of $252,400. There is a potential increase in the Uniform School Fund of $5,500 resulting from the non-deductability for income taxes cause by the shift to a flat fee beginning in FY 2001.
| FY 00 Approp. | FY 01 Approp. | FY 00 Revenue | FY 01 Revenue | |
| Uniform School Fund | $0 | $0 | $0 | $5,500 |
| Transfers | $0 | $0 | ($126,200) | ($252,400) |
| Local Revenue | $0 | $0 | ($723,800) | ($1,447,600) |
| TOTAL | $0 | $0 | ($850,000) | ($1,694,500) |
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2/9/99 9:23:43 AM
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