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House Journal: Page 1707: Tuesday, May 1, 2001

budget year beginning July 1, 2010, if the budget guarantee were determined for that
budget year as calculated for the budget year beginning July 1, 2003.

h. For the budget year commencing July 1, 2011, 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 twenty 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, 2011, if the budget guarantee were determined for that
budget year as calculated for the budget year beginning July 1, 2003.

i. For the budget year commencing July 1, 2012, 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 ten 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, 2012, if the budget guarantee were determined for that
budget year as calculated for the budget year beginning July 1, 2003.

j. For the budget year commencing July 1, 2013, and each budget year thereafter,
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.

For the purposes of this subsection, a school district shall be eligible to apply the
eighty, seventy, sixty, fifty, forty, thirty, twenty, and ten percent provisions in
paragraphs "b" through "i", only if the school district received a budget adjustment for
the budget year beginning July 1, 2004, based on the ninety percent provision in
paragraph "a".

The board of directors of a school district that wishes to receive a budget
adjustment pursuant to this subsection shall adopt a resolution to receive the budget
adjustment and shall, by April 1, annually, notify the department of management of
the adoption of the resolution and the amount of the budget adjustment to be received."

3. By renumbering as necessary.

ON THE PART OF THE HOUSE: ON THE PART OF THE SENATE:

BOB BRUNKHORST, Chair NANCY BOETTGER, Chair
CARMINE BOAL JEFF ANGELO
BETTY GRUNDBERG MICHAEL CONNOLLY
MARY MASCHER JACK KIBBIE
PHIL WISE JOHN REDWINE

The motion prevailed and the conference committee report was
adopted.



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