Fiscal Note

SB0035S01 - Differentiated Pay for Teachers

State Impact:
Enactment of this bill appropriates $127,000 one-time General Fund for FY 2008 and $190,000 ongoing General Fund beginning FY 2009 to the Department of Human Resource Management. The bill also appropriates $7,646,100 in ongoing Uniform School Funds to the Teacher Salary Supplement Restricted Account beginning FY 2009.

Funding SourceFY 2008
Approp.
FY 2009
Approp.
FY 2010
Approp.
FY 2008
Revenue
FY 2009
Revenue
FY 2010
Revenue
General Fund$0$190,000$190,000$0$0$0
General Fund, One-Time$127,000$0$0$0$0$0
Uniform School Fund$0$7,646,100$7,646,100$0$0$0
   Total
$127,000

$7,836,100

$7,836,100

$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.

3/10/2008, 2:03:51 PM, Lead Analyst: Leishman, B.Office of the Legislative Fiscal Analyst