Fiscal Note

HB0240 - Public Education Funding - Block Grant Amendments

State Impact:
This bill would require annual appropriation increases to three public education block grant programs by the same percentage increase as the Weighted Pupil Unit (WPU). Two of the three programs - the Quality Teaching Block Grant and the Interventions for Student Success Block Grant - are currently by practice adjusted proportionally for percent changes in the value of the WPU and would therefore require no additional appropriation. The third component - the Local Discretionary Block Grant - would require additional appropriations of $218,200 FOR EVERY ONE PERCENT INCREASE IN THE VALUE OF THE WPU based upon the current value of the block grant. As the bill takes effect on July 1, 2008, there would be no requirement for increasing the Local Discretionary Block Grant during the 2008 General Session (FY 2009). Neither the FY 2009 block grant value, nor the FY 2010 WPU percent adjustment is currently known. For purposes of this fiscal note, the requirement for an increase in FY 2010 is based upon the FY 2008 value of the Local Discretionary Block Grant and a one percent increase in the WPU.

Individual, Business and/or Local Impact:
School districts and students who receive funding from the three block grant programs would benefit.