Text: HF02068 Text: HF02070 Text: HF02000 - HF02099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 257.20, subsection 1, Code 1995, is 1 2 amended to read as follows: 1 3 1. In order to determine the amount of instructional 1 4 support state aid and the amount of local funding for the 1 5 instructional support program for a district, the department 1 6 of management shall divide the total assessed valuation in the 1 7 state by the total budget enrollment for the budget year in 1 8 the state to determine a state assessed valuation per pupil 1 9 and shall divide the assessed valuation in each district by 1 10 the district's budget enrollment for the budget year to 1 11 determine the district assessed valuation per pupil. The 1 12 department of management shall multiply the ratio of the 1 13 state's valuation per pupil to the district's valuation per 1 14 pupil by twenty-five hundredths and subtract that result from 1 15 one to determine the portion of the instructional support 1 16 program budget that is local funding. The remaining portion 1 17 of the budget shall be funded by instructional support state 1 18 aid.However, for the budget year beginning July 1, 1992,1 19only, the amount of state aid is three and one-quarter percent1 20less than the amount computed under this paragraph for that1 21budget year.1 22 Sec. 2. Section 257.20, subsection 2, paragraphs a and b, 1 23 Code 1995, are amended by striking the paragraphs. 1 24 Sec. 3. Section 257.20, subsection 3, Code 1995, is 1 25 amended by striking the subsection. 1 26 Sec. 4. EFFECTIVE AND APPLICABILITY DATES. This Act, 1 27 being deemed of immediate importance, takes effect upon 1 28 enactment and applies to the school budget year beginning July 1 29 1, 1996, and succeeding years. 1 30 EXPLANATION 1 31 During the 1992 Session, laws were enacted that reduced the 1 32 amount of state aid to be paid under the instructional support 1 33 program of a school district by 3.5 percent and also, for 1 34 subsequent years, limited the appropriations to that which was 1 35 appropriated in 1992-1993 fiscal year. This bill eliminates 2 1 the freeze on the appropriation and returns the appropriation 2 2 for the instructional support program to a standing unlimited 2 3 appropriation. 2 4 The bill takes effect upon enactment and applies to the 2 5 school budget year beginning July 1, 1996, and succeeding 2 6 years. 2 7 LSB 3570YH 76 2 8 rn/cf/24
Text: HF02068 Text: HF02070 Text: HF02000 - HF02099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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