2002 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Petersen
Co-Patron(s): Watts
Composite Index Adj. for Revenue Stress/Revenue Neutral (language only)

Item 147 #46h

Item 147 #46h

Education: Elementary and Secondary
Direct Aid To Public Education

Page 108, after line 16, insert:
"e. The Department of Education shall compute the composite index of local ability-to-pay for localities adjusted for revenue effort.  Revenue effort shall be calculated using the formula of the Commission on Local Government.  To determine the adjusted composite index, the Department shall use the original composite index, plus the composite index divided by revenue effort number, all divided by two.  The Commission on Local Government shall furnish to the Department of Education such data as are necessary to implement these provisions.  The Department of Education shall make the adjustments to these indices in such a way that the end result is cost neutral to the state budget."

(This amendment is self-explanatory.)