S.F. 2093 Section 1. Section 257.8, subsection 1, Code 2016, is 1 amended to read as follows: 2 1. State percent of growth. The state percent of growth 3 for the budget year beginning July 1, 2013, is two percent. 4 The state percent of growth for the budget year beginning July 5 1, 2014, is four percent. The state percent of growth for the 6 budget year beginning July 1, 2015, is one and twenty-five 7 hundredths percent. The state percent of growth for the budget 8 year beginning July 1, 2017, is four percent. The state 9 percent of growth for each subsequent budget year shall be 10 established by statute which shall be enacted within thirty 11 days of the submission in the year preceding the base year of 12 the governor’s budget under section 8.21 . The establishment of 13 the state percent of growth for a budget year shall be the only 14 subject matter of the bill which enacts the state percent of 15 growth for a budget year. 16 EXPLANATION 17 The inclusion of this explanation does not constitute agreement with 18 the explanation’s substance by the members of the general assembly. 19 The state percent of growth is used by the department of 20 management to calculate regular program supplemental state aid 21 for a budget year by multiplying the state percent of growth 22 for the budget year by the regular program state cost per pupil 23 for the base year. 24 This bill establishes a state percent of growth of 4 percent 25 for the school budget year beginning July 1, 2017. 26 -1- LSB 5962SV (2) 86 md/sc 1/ 1