LD 598 LR 975(01)
An Act To Provide Assistance to Economically Disadvantaged Students
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Johnson of Greenville
Committee: Education and Cultural Affairs
Fiscal Note Required: Yes
Preliminary Fiscal Impact Statement
FY 2011-12 FY 2012-13 Projections  FY 2013-14 Projections  FY 2014-15
Net Cost (Savings)
General Fund $0 $2,084,033 $2,084,033 $2,084,033
General Fund $0 $2,084,033 $2,084,033 $2,084,033
Fiscal Detail and Notes
The General Purpose Aid for Local Schools program within the Department of Education will require ongoing General Fund appropriations of $2,084,033 per year beginning in fiscal year 2012-13 to provide eligible local school administrative units with an adjustment for economically disadvantaged students.  This estimate was prepared by the Department of Education based on available data.  The total cost of this provision will depend on the actual number of school administrative units determined to be eligible for this adjustment each school year.