Department of Education SMART Act Presentation
Presented to the Joint Education Committee at its January 10, 2017, meeting.
First Regular Session | 75th General Assembly
CogaBart Dev sitePresented to the Joint Education Committee at its January 10, 2017, meeting.
The forecast for the State Education Fund and the level of General Fund appropriations necessary to meet the funding requirements of Amendment 23 have changed from when the General Assembly adjourned in May 2009. The ongoing economic recession is affecting forecasts for property values and...
Senate Bill 09-256 amends the Public School Finance Act of 1994 to provide funding for school districts for the 2009-10 budget year. Senate Bill 09-259, the "Long Bill," appropriates most of the money distributed to school districts. Highlights of funding provided to school districts by the two...
The forecast for the State Education Fund and the level of General Fund appropriations necessary to meet the funding requirements of Amendment 23 is significantly changed from when the General Assembly adjourned in May 2008. The upheaval in the economy is affecting forecasts for property values...
State funding for K-12 public schools is a conglomeration of money allocated through the funding formula in the school finance act, categorical programs, and a variety of other specific-purpose programs. This memorandum summarizes the annual school finance bill, House Bill 08-1388. Highlights of...
The model developed by the Pacey Economics Group in February 2001 was updated to reflect actual data for the current budget year and Legislative Council Staff's December 2006 revenue forecast. The result in the short term is projected state aid costs that are higher than revenue changes,...
Assumptions in the model: The model was updated to reflect actual data for the current budget year and the Legislative Council Staff December 2005 revenue forecast. The result in the short term is higher state aid costs and diversions to the State Education Fund. Higher projections for federal...