Text: HF00031 Text: HF00033 Text: HF00000 - HF00099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
PAG LIN 1 1 Section 1. Section 257.14, subsection 1, Code 2001, is 1 2 amended to read as follows: 1 3 1. For the budget year commencing July 1,20002001, if 1 4 the department of management determines that the regular 1 5 program district cost of a school district for a budget year 1 6 is less than the total of the regular program district cost 1 7 plus any adjustment added under this section for the base year 1 8 for that school district, the school district shall be 1 9 eligible to receive a budget adjustment for that district for 1 10 that budget year up to an amount equal to the difference. The 1 11 board of directors of a school district that wishes to receive 1 12 a budget adjustment pursuant to this subsection shall, 1 13 notwithstanding the public notice and hearing provisions of 1 14 chapter 24 or any other provision to the contrary, within 1 15 thirty days followingApril 6, 2000the enactment of this Act, 1 16 adopt a resolution to receive the budget adjustment and 1 17 immediately notify the department of management of the 1 18 adoption of the resolution and the amount of the budget 1 19 adjustment to be received. 1 20 Sec. 2. Section 257.14, subsection 2, Code 2001, is 1 21 amended by striking the subsection and inserting in lieu 1 22 thereof the following: 1 23 2. For the budget year commencing July 1, 2002, if the 1 24 department of management determines that the regular program 1 25 district cost of a school district for a budget year is less 1 26 than the regular program district cost for the base year for 1 27 that school district, the school district shall be eligible to 1 28 receive a budget adjustment for that district for that budget 1 29 year up to an amount equal to the difference. The board of 1 30 directors of a school district that wishes to receive a budget 1 31 adjustment pursuant to this subsection shall adopt a 1 32 resolution to receive the budget adjustment and notify the 1 33 department of management of the adoption of the resolution and 1 34 the amount of the budget adjustment to be received by March 1, 1 35 2002. 2 1 Sec. 3. EFFECTIVE DATE. This Act, being deemed of 2 2 immediate importance, takes effect upon enactment. 2 3 EXPLANATION 2 4 This bill extends the budget guarantee provision, currently 2 5 applicable to school districts pursuant to Code section 2 6 257.14, to apply for the school budget years commencing July 2 7 1, 2001, and July 1, 2002. The bill provides that for the 2 8 school budget year beginning July 1, 2001, a school district 2 9 shall be eligible to receive a budget adjustment if the 2 10 regular program district cost for that budget year is less 2 11 than the regular program district cost for the base year plus 2 12 any adjustment made under Code section 257.14 for the base 2 13 year. The bill provides that for the school budget year 2 14 commencing July 1, 2002, a school district shall be eligible 2 15 to receive a budget adjustment if the regular program district 2 16 cost for the budget year is less than the regular program 2 17 district cost for the base year, without reference to any 2 18 adjustment made under Code section 257.14 for the base year. 2 19 The bill provides dates by which a school board adopting a 2 20 resolution to receive a budget adjustment for the school 2 21 budget years beginning July 1, 2001, and July 1, 2002, shall 2 22 notify the department of management of the adoption of the 2 23 resolution and the amount of the budget adjustment to be 2 24 received. 2 25 The bill takes effect upon enactment. 2 26 LSB 1389HH 79 2 27 rn/pj/5
Text: HF00031 Text: HF00033 Text: HF00000 - HF00099 Text: HF Index Bills and Amendments: General Index Bill History: General Index
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