House Journal: Page 1543: Wednesday, April 25, 2001
38 adjusted guarantee amount. For purposes of this
39 paragraph, the "adjusted guarantee amount" means the
40 amount which would be applicable for the budget year
41 beginning July 1, 2007, if the budget guarantee were
42 determined for that budget year as calculated for the
43 budget year beginning July 1, 2001.
44 g. For the budget year commencing July 1, 2008,
45 the greater of the difference between the regular
46 program district cost for the budget year and one
47 hundred one percent of the regular program district
48 cost for the base year, or thirty percent of the
49 amount by which the budget guarantee as calculated for
50 the budget year beginning July 1, 2001, exceeds the
Page 2
1 adjusted guarantee amount. For purposes of this
2 paragraph, the "adjusted guarantee amount" means the
3 amount which would be applicable for the budget year
4 beginning July 1, 2008, if the budget guarantee were
5 determined for that budget year as calculated for the
6 budget year beginning July 1, 2001.
7 h. For the budget year commencing July 1, 2009,
8 the greater of the difference between the regular
9 program district cost for the budget year and one
10 hundred one percent of the regular program district
11 cost for the base year, or twenty percent of the
12 amount by which the budget guarantee as calculated for
13 the budget year beginning July 1, 2001, exceeds the
14 adjusted guarantee amount. For purposes of this
15 paragraph, the "adjusted guarantee amount" means the
16 amount which would be applicable for the budget year
17 beginning July 1, 2009, if the budget guarantee were
18 determined for that budget year as calculated for the
19 budget year beginning July 1, 2001.
20 i. For the budget year commencing July 1, 2010,
21 the greater of the difference between the regular
22 program district cost for the budget year and one
23 hundred one percent of the regular program district
24 cost for the base year, or ten percent of the amount
25 by which the budget guarantee as calculated for the
26 budget year beginning July 1, 2001, exceeds the
27 adjusted guarantee amount. For purposes of this
28 paragraph, the "adjusted guarantee amount" means the
29 amount which would be applicable for the budget year
30 beginning July 1, 2010, if the budget guarantee were
31 determined for that budget year as calculated for the
32 budget year beginning July 1, 2001.
33 j. For the budget year commencing July 1, 2011,
34 and each budget year thereafter, the difference
35 between the regular program district cost for the
36 budget year and one hundred one percent of the regular
© 2001 Cornell College and
League of Women Voters of Iowa
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