Fiscal Note

HB0232 - Elementary School Math Initiative

State Impact:
Enactment of the bill would appropriate $18,000,000 ongoing from the Education Fund to the State Board of Education for disbursement to local districts and charter schools who choose to participate in the Elementary School Math Initiative. An additional ongoing appropriation of $40,000 from the Education Fund will be needed to cover the costs of program evaluation by a third party over five years as outlined in the bill.

Funding SourceFY 2008
Approp.
FY 2009
Approp.
FY 2010
Approp.
FY 2008
Revenue
FY 2009
Revenue
FY 2010
Revenue
Education Fund$0$18,040,000$18,040,000$0$0$0
   Total
$0

$18,040,000

$18,040,000

$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.

1/22/2008, 9:16:23 AM, Lead Analyst: Lee, P.W.Office of the Legislative Fiscal Analyst