School finance-hold harmless computation.

03LSO-0513.L3

FISCAL NOTE (SF0141)

 

 

 

FY 2003

FY 2004

FY 2005

NON-ADMINISTRATIVE IMPACT

 

 

 

Anticipated Expenditure Increase:

 

 

 

SCHOOL FOUNDATION FUND

4,233,094

5,860,000

0

 

Source of expenditure increase:

 

Hold harmless adjustment

 

Assumptions:

 

  1. This bill will increase expenditures from the School Foundation Program by $4,233,094 in fiscal year 2003 and by $5,860,000 in fiscal year 2004.

 

  1. Please see the attached worksheet for additional information.

 

 

 

 

 

 

 

 

 

 

 

 

Prepared by: Mary Byrnes, LSO Phone: 777-3563