Fiscal Note - State of Utah - 2011 General Session
HB0339 - Charter School Enrollment Amendments
State Government (UCA 36-12-13(2)(b)):
Enactment of this bill may cost approximately $18,388,300 in Education Funds to the Minimum School Program - Charter School Local Replacement program. The local replacement program provides a rate for each student enrolled in a charter school, estimated at $1,687 in FY 2012. Bill provisions and statewide enrollment projections indicate that the State Board of Education may authorize growth in charter school enrollment of approximately 10,900 students in FY 2013. This cost estimate assumes the local replacement rate remains at the FY 2012 level.
| State Budget Detail Table | FY 2011 | FY 2012 | FY 2013 |
| Revenue | $0 | $0 | $0 |
| Expenditure: | |||
| Education Fund | $0 | $0 | $18,388,300 |
| Total Expenditure | $0 | $0 | $18,388,300 |
| Net Impact, All Funds (Rev.-Exp.) | $0 | $0 | ($18,388,300) |
| Net Impact, General/Education Funds (Rev.-Exp.) | $0 | $0 | ($18,388,300) |
Local Governments (UCA 36-12-13(2)(c)):
Local school districts participate in the cost of the Local Replacement Program for each resident student that enrolls in a charter school. Depending on the number of students that transfer from a district school to a charter school, the local school district of residence may experience increased costs.
Direct Expenditures by Utah Residents and Businesses (UCA 36-12-13(2)(d)):
Enactment of this bill likely will not result in direct, measurable expenditures by Utah residents or businesses.
| 3/3/2011, 9:24:14 AM, Lead Analyst: Leishman, B./Attny: AOS | Office of the Legislative Fiscal Analyst |