HB0015 - School finance-external cost adjustment.
2001 |
State of Wyoming |
01LSO-0225 |
HOUSE BILL NO. HB0015
School finance-external cost adjustment.
Sponsored by: Representative(s) Wasserburger
A BILL
for
1 AN ACT relating to
school finance; modifying the amount of
2 and
basis for computing the external cost adjustment;
3 restricting school district expenditure as specified; and
4
providing for an effective date.
5
6 Be It Enacted by the Legislature of the State of Wyoming:
7
8 Section
1. W.S.
21-13-309(o)(i)(A)(I) is amended to
9
read:
10
11 21-13-309. Determination of amount to
be included in
12 foundation program for each district.
13
14 (o) The revised
model amount per ADM for each
15 district computed under subsection (n) of
this section
16 shall be further adjusted for the following.
Unless
17 otherwise specified in this subsection, the
adjustments
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1
under this subsection shall be determined as specified in
2 the
cost of education study, dated April 1997, and the
3
spreadsheet provided by the consultant performing the study
4
related thereto, both of which are on file in the
5
legislative service office:
6
7 (i) The amount
shall be adjusted to provide for
8 the
effects of inflation as follows:
9
10 (A) For the
2001-2002 school year, increase
11 the amount by a total percentage of:
12
13 (I) One and three-tenths percent 14
(1.3%),
for inflation Fourteen and forty-three
hundredths
15 percent
(14.43%) for that school year; plus
16
17 Section
2. Notwithstanding W.S. 21-13-309
through
18 21-13-331, and effective for school year
2001-2002 only,
19 the state superintendent shall not
distribute that portion
20 of entitlements to districts from the
foundation program
21 account under W.S. 21-13-313, nor determine
that portion of
22 recapture payments under W.S. 21-13-102,
which is
23 attributable to the external cost adjustment
computed under
24 W.S. 21-13-309(o), until the district board
of trustees
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1
certifies in writing to the state superintendent that
2
expenditure of specific amounts computed for that district
3
under the external cost adjustment pursuant to W.S.
4 21-13-309(o)
shall be restricted to salary adjustments.
5
6 Section 3. This act is effective July 1, 2001.
7
8 (END)
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