Text: HF02542 Text: HF02544 Text: HF02500 - HF02599 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 257.13, Code Supplement 1999, is 1 2 amended by striking the section and inserting in lieu thereof 1 3 the following: 1 4 257.13 ON-TIME FUNDING BUDGET ADJUSTMENT. 1 5 1. For the school budget year beginning July 1, 2000, if a 1 6 district's actual enrollment for the budget year, determined 1 7 under section 257.6, is greater than its budget enrollment for 1 8 the budget year, the district shall be eligible to receive an 1 9 on-time funding budget adjustment. The adjustment shall be in 1 10 an amount equal to fifty percent of the difference between the 1 11 actual enrollment for the budget year and the budget 1 12 enrollment for the budget year, multiplied by district cost 1 13 per pupil. 1 14 2. The board of directors of a school district that wishes 1 15 to receive an on-time funding budget adjustment shall adopt a 1 16 resolution to receive the adjustment and notify the school 1 17 budget review committee by November 1, 2000. The school 1 18 budget review committee shall establish a modified allowable 1 19 growth in an amount determined pursuant to subsection 1. 1 20 3. If the board of directors of a school district 1 21 determines that a need exists for additional funds exceeding 1 22 the authorized budget adjustment for on-time funding pursuant 1 23 to this section, a request for modified allowable growth based 1 24 upon increased enrollment may be submitted to the school 1 25 budget review committee as provided in section 257.31. 1 26 Sec. 2. Section 257.14, subsection 1, Code Supplement 1 27 1999, is amended to read as follows: 1 28 1. For the budgetyearsyear commencingJuly 1, 1997, July1 291, 1998, andJuly 1,19992000, if the department of 1 30 management determines that the regular program district cost 1 31 of a school district for a budget year is less than ninety- 1 32 nine percent of the total of the regular program district cost 1 33 plus any adjustment added under this section for the base year 1 34 for that school district, the department of management shall 1 35 provide a budget adjustment for that district for that budget 2 1 year that is equal to the difference. 2 2 Sec. 3. EFFECTIVE DATE. This Act, being deemed of 2 3 immediate importance, takes effect upon enactment. 2 4 EXPLANATION 2 5 This bill provides additional funding authority for school 2 6 districts. 2 7 The bill provides that for the school budget year beginning 2 8 July 1, 2000, if a school district's actual enrollment for the 2 9 budget year, determined under Code section 257.6, is greater 2 10 than its budget enrollment for the budget year, the district 2 11 shall be eligible to receive an on-time funding budget 2 12 adjustment. The bill provides that the adjustment shall be in 2 13 an amount equal to 50 percent of the difference between the 2 14 actual enrollment for the budget year and the budget 2 15 enrollment for the budget year, multiplied by district cost 2 16 per pupil. The bill provides that the board of directors of a 2 17 school district that wishes to receive an on-time funding 2 18 budget adjustment shall adopt a resolution to receive the 2 19 adjustment and notify the school budget review committee by 2 20 November 1, 2000. The bill provides that the school budget 2 21 review committee shall establish a modified allowable growth 2 22 corresponding to the amount of the on-time funding budget 2 23 adjustment, and that if the board of directors determines that 2 24 a need exists for additional funds exceeding the authorized 2 25 budget adjustment, a request for additional modified allowable 2 26 growth based upon increased enrollment may be submitted to the 2 27 school budget review committee as provided in Code section 2 28 257.31. 2 29 The bill also provides that for the school budget year 2 30 beginning July 1, 2000, if the department of management 2 31 determines that the regular program district cost of a school 2 32 district for a budget year is less than 99 percent of the 2 33 total of the regular program district cost plus any adjustment 2 34 added under Code section 257.14 for the base year for that 2 35 school district, the department of management shall provide a 3 1 budget adjustment for that district for that budget year that 3 2 is equal to the difference. 3 3 The bill takes effect upon enactment. 3 4 LSB 6550HZ 78 3 5 rn/as/5
Text: HF02542 Text: HF02544 Text: HF02500 - HF02599 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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