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Text: SF00293                           Text: SF00295
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Senate File 294

Partial Bill History

Bill Text

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 19 only, the amount of state aid is three and one-quarter percent
  1 20 less than the amount computed under this paragraph for that
  1 21 budget 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, 1995, and succeeding years.  
  1 30                           EXPLANATION
  1 31    This bill strikes provisions of the Code limiting the
  1 32 amount of the state portion of instructional support state aid
  1 33 paid to school districts to the 1992 level.  The bill also
  1 34 strikes a provision permitting the general assembly to make an
  1 35 appropriation for instructional support state aid in lieu of
  2  1 the standing appropriation provided for in the Code.
  2  2    For the budget year beginning July 1, 1992, the amount of
  2  3 state aid was limited to 3.25 percent less than the amount
  2  4 computed under the formula specified in the Code and a
  2  5 provision was also added in 1992 to maintain the 1992 level of
  2  6 aid through succeeding years.  This bill strikes those
  2  7 provisions.
  2  8    The bill takes effect upon enactment and applies to the
  2  9 school budget year beginning July 1, 1995, and succeeding
  2 10 years.  
  2 11 LSB 2376SS 76
  2 12 kh/sc/14
     
Text: SF00293                           Text: SF00295
Text: SF00200 - SF00299                 Text: SF Index
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