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Mascher of Johnson offered amendment H-1911, to the committee amendment H-1866I, filed by Mascher, et al., as follows: H-1911 1 Amend the amendment, H-1866, to Senate File 549, as 2 amended, passed, and reprinted by the Senate, as 3 follows: 4 1. Page 5, line 27, by striking the figure 5 "256A.3."" and inserting the following: "256A.3. 6 Sec. 301. NEW SECTION. 257.13 ON-TIME FUNDING 7 FOR NEW STUDENTS. 8 1. If a district's actual enrollment for the 9 budget year, determined under section 257.6, is 10 greater than its budget enrollment for the budget 11 year, the district may submit a request to the school 12 budget review committee for on-time funding for new 13 students. The school budget review committee shall 14 consider the relative increase in enrollment on a 15 district-by-district basis, in determining whether to 16 approve the request, and shall determine the amount of 17 additional funding provided if the request is granted. 18 An application for on-time funding must be received by 19 the department of education by October 1. Written 20 notice of the committee's decision shall be given 21 through the department of education to the school 22 board for a district. 23 2. If the school budget review committee approves 24 a request for on-time funding for new students, the 25 funding shall be in an amount up to the product of 26 one-third of the district's regular program state cost 27 per pupil for the budget year multiplied by the 28 difference between the actual enrollment for the 29 budget year and the budget enrollment for the budget 30 year. The additional funding received under this 31 section is miscellaneous income to the district. 32 If a district receives on-time funding for new 33 students under this section for a budget year, the 34 department of management shall determine the amount of 35 this funding which would have been generated by local 36 property tax revenues if the actual enrollment for the 37 budget year had been used in determining state cost 38 for that budget year. The department of management 39 shall reduce, but not by more than the amount of the 40 on-time funding, the district's total state school 41 aids otherwise available under this chapter for the 42 next following budget year by the amount so 43 determined, and shall increase the district's 44 additional property tax levy for the next following 45 budget year by the amount necessary to compensate for 46 the reduction in state aid, so that the local property 47 tax for the next following year will be increased only
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