SB17-173

SB17-173 - School Finance Mid-year Adjustments

Passed/Signed into Law
Concerning adjustments in the amount of total program funding for public schools for the 2016-17 budget year, and, in connection therewith, making an appropriation.

Joint Budget Committee. The general assembly recognizes that the actual funded pupil count and the actual at-risk pupil count were less than anticipated during the 2016 legislative session. In addition, local property tax and specific ownership tax receipts were less than anticipated, reducing the local share of total program funding. The bill reflects the general assembly's intent to maintain the state share of school districts' total program funding at the level of the original appropriation during the 2016 legislative session, and to adjust total program funding, after application of the negative factor, to reflect a reduction in the negative factor.

The bill appropriates $3,950 cash funds from the state education fund to align the hold-harmless full-day kindergarten funding with the change in total program funding.

(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)

 

House Committees

Senate Committees

Latest update: March 1, 2017
03/01/2017 - Governor Signed
02/22/2017 - Sent to the Governor
02/22/2017 - Signed by the Speaker of the House
02/22/2017 - Signed by the President of the Senate
02/16/2017 - House Third Reading Passed - No Amendments
02/15/2017 - House Second Reading Special Order - Passed - No Amendments
02/14/2017 - House Committee on Appropriations Refer Unamended to House Committee of the Whole
02/10/2017 - Introduced In House - Assigned to Appropriations
02/10/2017 - Senate Third Reading Passed - No Amendments
02/09/2017 - Senate Second Reading Special Order - Passed - No Amendments
02/08/2017 - Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
02/03/2017 - Introduced In Senate - Assigned to Appropriations