Senate Concurrent Resolution 110 PAG LIN 1 1 SENATE CONCURRENT RESOLUTION NO. ___ 1 2 BY COMMITTEE ON EDUCATION 1 3 (SUCCESSOR TO SSB 3152) 1 4 A Concurrent Resolution providing for the formation of 1 5 a committee by the Legislative Council to conduct a 1 6 review of the school finance formula. 1 7 WHEREAS, the school finance formula contained in 1 8 Iowa Code chapter 257 is subject to legislative review 1 9 at least every five years pursuant to statutory 1 10 requirements contained in Iowa Code section 257.1, 1 11 subsection 4; and 1 12 WHEREAS, the statute provides that the review shall 1 13 be based upon a school finance formula status report 1 14 containing the recommendations of a legislative 1 15 interim committee, to be prepared with the assistance 1 16 of the Department of Education, in association with 1 17 the Department of Management and the Department of 1 18 Revenue; and 1 19 WHEREAS, the statute also provides that the report 1 20 shall include recommendations for school finance 1 21 formula changes or revisions based upon demographic 1 22 changes, enrollment trends, and property tax valuation 1 23 fluctuations observed during the preceding five=year 1 24 interval; an analysis of the operation of the school 1 25 finance formula during the preceding five=year 1 26 interval; and a summary of issues that have arisen 1 27 since the previous review and potential approaches for 1 28 their resolution; and 1 29 WHEREAS, the first such report is required to be 1 30 submitted to the General Assembly no later than 2 1 January 1, 2005, with subsequent reports developed and 2 2 submitted by January 1 at least every fifth year; NOW 2 3 THEREFORE, 2 4 BE IT RESOLVED BY THE SENATE, THE HOUSE OF 2 5 REPRESENTATIVES CONCURRING, That the Legislative 2 6 Council is requested to appoint an interim committee 2 7 to conduct a review of the school finance formula and 2 8 submit a school finance formula status report, in 2 9 compliance with Iowa Code section 257.1, subsection 4. 2 10 In addition to the subject areas specified for review 2 11 pursuant to statute, the study may also include 2 12 consideration of methods for achieving increased 2 13 efficiencies in school operations. The interim 2 14 committee shall be composed of 10 voting members, 2 15 representing both political parties and both houses of 2 16 the General Assembly. Five members shall be members 2 17 of the Senate, three of whom shall be appointed by the 2 18 Majority Leader of the Senate and two of whom shall be 2 19 appointed by the Minority Leader of the Senate. Five 2 20 members shall be members of the House of 2 21 Representatives, appointed by the Speaker of the 2 22 House, three of whom shall be of the majority party 2 23 and two of whom shall be of the minority party. 2 24 Nonvoting members shall be appointed by the 2 25 Legislative Council, in consultation with the 2 26 Departments of Education, Management, and Revenue, and 2 27 may include, but not be limited to, superintendents 2 28 representing four local school districts from across 2 29 the state, representatives from the various education 2 30 organizations and associations, representatives from 3 1 the area education agencies and community colleges, 3 2 and members of the general public. The temporary 3 3 cochairpersons of the interim committee shall be the 3 4 chairpersons of the Senate and House Committees on 3 5 Education; and 3 6 BE IT FURTHER RESOLVED, That the interim committee 3 7 shall be staffed by the Legislative Services Agency, 3 8 with the assistance of the Departments of Education, 3 9 Management, and Revenue, and shall conduct its 3 10 deliberations during the 2004 Legislative Interim. 3 11 The interim committee shall submit its report to the 3 12 General Assembly no later than January 1, 2005. 3 13 LSB 6693SV 80 3 14 rn/gg/14