House Journal: Page 1706: Tuesday, May 1, 2001
b. For the budget year commencing July 1, 2005, the greater of the difference
between the regular program district cost for the budget year and one hundred one
percent of the regular program district cost for the base year, or eighty percent of the
amount by which the budget guarantee as calculated for the budget year beginning
July 1, 2003, exceeds the adjusted guarantee amount. For purposes of this paragraph,
the "adjusted guarantee amount" means the amount which would be applicable for the
budget year beginning July 1, 2005, if the budget guarantee were determined for that
budget year as calculated for the budget year beginning July 1, 2003.
c. For the budget year commencing July 1, 2006, the greater of the difference between
the regular program district cost for the budget year and one hundred one percent of
the regular program district cost for the base year, or seventy percent of the amount by
which the budget guarantee as calculated for the budget year beginning July 1, 2003,
exceeds the adjusted guarantee amount. For purposes of this paragraph, the "adjusted
guarantee amount" means the amount which would be applicable for the budget year
beginning July 1, 2006, if the budget guarantee were determined for that budget year
as calculated for the budget year beginning July 1, 2003.
d. For the budget year commencing July 1, 2007, the greater of the difference
between the regular program district cost for the budget year and one hundred one
percent of the regular program district cost for the base year, or sixty percent of the
amount by which the budget guarantee as calculated for the budget year beginning
July 1, 2003, exceeds the adjusted guarantee amount. For purposes of this paragraph,
the "adjusted guarantee amount" means the amount which would be applicable for the
budget year beginning July 1, 2007, if the budget guarantee were determined for that
budget year as calculated for the budget year beginning July 1, 2003.
e. For the budget year commencing July 1, 2008, the greater of the difference between
the regular program district cost for the budget year and one hundred one percent of
the regular program district cost for the base year, or fifty percent of the amount by
which the budget guarantee as calculated for the budget year beginning July 1, 2003,
exceeds the adjusted guarantee amount. For purposes of this paragraph, the "adjusted
guarantee amount" means the amount which would be applicable for the budget year
beginning July 1, 2008, if the budget guarantee were determined for that budget year
as calculated for the budget year beginning July 1, 2003.
f. For the budget year commencing July 1, 2009, the greater of the difference
between the regular program district cost for the budget year and one hundred one
percent of the regular program district cost for the base year, or forty percent of the
amount by which the budget guarantee as calculated for the budget year beginning
July 1, 2003, exceeds the adjusted guarantee amount. For purposes of this paragraph,
the "adjusted guarantee amount" means the amount which would be applicable for the
budget year beginning July 1, 2009, if the budget guarantee were determined for that
budget year as calculated for the budget year beginning July 1, 2003.
g. For the budget year commencing July 1, 2010, the greater of the difference
between the regular program district cost for the budget year and one hundred one
percent of the regular program district cost for the base year, or thirty percent of the
amount by which the budget guarantee as calculated for the budget year beginning
July 1, 2003, exceeds the adjusted guarantee amount. For purposes of this paragraph,
the "adjusted guarantee amount" means the amount which would be applicable for the
© 2001 Cornell College and
League of Women Voters of Iowa
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Last update: Wed May 2 13:35:00 CDT 2001
URL: /DOCS/GA/79GA/Session.1/HJournal/01700/01706.html
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