Fiscal Note
HB0152 - Charter School Governance
State Impact:
Provisions of this bill create a Charter School Board and provide for board staff. The cost estimate for 2 FTE employees (a staff director and secretary) and the per diem and expenses of the Charter School Board is $187,100 in FY 2005 and $200,000 in FY 2006. The State Office of Education currently receives a federal grant for charter schools. Grant provisions enable 5% of the total grant be used to support administrative functions. This amount is estimated at $164,000 for FY 2005 and FY 2006. The net fiscal impact of the bill may be $23,100 in FY 2005 and $36,000 in FY 2006 .
| Funding Source | FY 2005 Approp. | FY 2006 Approp. | FY 2005 Revenue | FY 2006 Revenue |
| Uniform School Fund | $23,100 | $36,000 | $0 | $0 |
| Total | $23,100 | $36,000 | $0 | $0 |
Individual and Business Impact:
No Fiscal Impact
Office of the Legislative Fiscal Analyst
2/12/2004, 8:38:49 AM