Fiscal Note
SB0281 - Use of Minimum School Program Nonlapsing Balances
State Impact:
Enactment of this bill requires the State Board of Education to use $25,000,000 in Minimum School Program non-lapsing balances to provide grants and bonuses as outlined in the bill.
| Funding Source | FY 2008 Approp. | FY 2009 Approp. | FY 2010 Approp. | FY 2008 Revenue | FY 2009 Revenue | FY 2010 Revenue |
| Total | $0 | $0 | $0 | $0 | $0 | $0 |
Individual, Business and/or Local Impact:
Qualifying educators may benefit through increased one-time compensation associated with the new-teacher signing bonuses, performance-pay compensation, and grant program outlined in the bill.
| 3/4/2008, 5:48:56 PM, Lead Analyst: Leishman, B. | Office of the Legislative Fiscal Analyst |