2004 Special Session I

Budget Amendments - HB5001 (Conference Report)

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SOQ Forecast Language (language only)

Item 146 #21c

Item 146 #21c

Education: Elementary and Secondary
Direct Aid To Public Education

Page 111, after line 44, insert:
"12. By November 15 of each year, the Department of Planning and Budget, in cooperation with the Department of Education, shall prepare and submit a preliminary forecast of Standards of Quality expenditures, based upon the most current data available, to the Chairmen of the House Appropriations and Senate Finance Committees. In odd-numbered years, the forecast for the current and subsequent two fiscal years shall be provided. In even-numbered years, the forecast for the current and subsequent fiscal year shall be provided. The forecast shall detail the projected Average Daily Membership and the resulting impact on the education budget."

(This amendment requires certain reports, including a report on the SOQ forecast, similar to the existing requirement for a Medicaid forecast.)