House of Representatives

SB 1232

Proposition 301; budget control measures.

Sponsors: Senator Bennett

 

X

Committee on Education

 

Committee on Appropriations

 

Caucus and COW

 

Third Read

 

 

As Passed the House

 

SB 1232 establishes a Classroom Site Fund Budget Limit (CSFBL) consisting of specific monies.

 

History

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.

 

Provisions

·          Establishes a CSFBL consisting of the following:

·          The amount of monies that a district receives from the Fund.

·          The unexpended budget balance from the Fund from the prior fiscal year.

·          The net interest earned on monies in the Fund from the prior fiscal year.

·          Any additional CSFBL allocation that is transferred to the school district for high school pupils.

·          Requires the CSFBL to be a budgetary controlled account.

·          Clarifies those interest charges for registered warrants shall be a charge against the account.

·          Specifies that in no event shall the state be required to make payments to a school district or charter school Fund that are in addition to the monies transferred to the statewide Fund.

·          Prohibits local property taxes to be raised for any deficit it the Fund.

·          Makes technical and conforming changes to recognize the CSFBL throughout sections of statute.

·          Contains a retroactive date of July 1, 2001 for certain sections of this act.

·          Makes technical and conforming changes.

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·          45th Legislature                 

·          Second Regular Session      2          April 8, 2002

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