classroom site fund;
technical correction
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Committee on Education |
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dp |
Committee on Appropriations |
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DP |
Caucus and COW |
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X |
Third Read |
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As Passed the House |
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HB 2517 removes redundant language from statute.
HB 2517 passed the Education Committee unamended. HB 2517 passed the Appropriations Committee unamended. HB 2517 passed Committee of the Whole unamended.
Monies from the Classroom Site Fund (Fund) are derived from the .6% sales tax approved by Proposition 301. Statute requires each school district or charter school to allocate 40% of the monies to teacher compensation increases based on performance and employment related expenses, 20% to teacher based salary increases and employment related expenses and the remaining 40% to a list of six options for maintenance and operations purposes.
By March 30 of each year the staff of the Joint Legislative Budget Committee is required to determine a per pupil amount from the Fund for the budget year using the estimated statewide weighted count for the current year and based on estimated available resources in the Fund for the budget year. The allocation to each charter school and school district for a fiscal year shall equal the per pupil amount multiplied by the weighted student count for the school district or charter school.