Fiscal Note

HB0058S02 - New School District Property Tax Amendments

State Impact:
Enactment of this bill will not require additional direct appropriations. The total amount of the State guarantee under the Voted Leeway program may increase or decrease depending on the amount of revenue generated by the Voted Leeway per Weighted Pupil Unit of the new and old school districts.

Individual, Business and/or Local Impact:
Enactment of this bill may result in some impact to locally generated revenues through the Voted Capital Levy and the Voted Leeway for a newly established school district.