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State Impact Summary - CSSB 22 State Impact Summary Reduced Revenue to Districts - Hybrid Model Reduced Revenue to Districts - PreK Setaside Additional FSP Cost - Prek Setaside Annual Cost/(Savings) Biennial Total

Model Descriptions

FY 2012

FY 2013

FY 2015

FY 2016

FY 2017

($2,001,554,265) ($6,243,017) $8,297,723 ($1,999,499,559)

($2,000,179,412) ($8,012,158) $7,255,618 ($2,000,935,952) ($4,000,435,511)

($1,374,770,589) $0 $0 ($1,374,770,589)

($1,405,383,966) $0 $0 ($1,405,383,966) ($2,780,154,555)

($796,927,880) $0 $0 ($796,927,880)

($776,796,624) $0 $0 ($776,796,624) ($1,573,724,504)

FY 2012

FY 2013

FY 2014

FY 2015

FY 2016

FY 2017

0.98000 repealed current law 92.35% $4,765 $476,500 $31.95 $319,500

0.000 repealed current law 92.35% $4,765 $476,500 $31.95 $319,500

0.000 repealed current law 92.35% $4,765 $476,500 $31.95 $319,500

0.000 repealed current law 92.35% $4,900 $490,000 $31.95 $319,500

0.000 repealed current law repealed $5,000 $500,000 $31.95 $319,500

Hybrid Model - 3/4 Model 3 and 1/4 formula reduction Regular Program Allotment Adjustment 0.98000 Gain Limit / Dragback ยง42.008 repealed Supplemt Conversion Aid ยง42.2513 current law Minimum Revenue HH % Retained 93.50% Basic Allotment $4,765 Compressed Tier Equalized Wealth Level $476,500 Copper Penny Yield $31.95 Copper Penny Equalized Wealth Level $319,500 Additional Formula Change FSP Prek Setaside $14,540,740 Target Revenue Hold Harmless Comparison

FY 2014

FY 2012

$15,267,777

FY 2013

$0

FY 2014

$0

FY 2015

$0

FY 2016

$0

FY 2017

Current Law - School Districts & Charter Schools

$3,023,287,942

$2,499,619,815

$2,189,513,153

$2,249,793,582

$2,318,629,345

$2,415,733,383

Hybrid Model - 3/4 Model 3 and 1/4 Formula

$1,509,137,732

$996,939,532

$814,762,094

$844,409,616

$606,865,873

$0

FY 2012

FY 2013

Districts and Charters on Formula Current Law Hybrid Model - 3/4 Model 3 and 1/4 Formula Categorical Analysis # DIST CATEGORY Enrollment 17 29 49 71 84 117 128 197 332

50,000 and over 25,000 to 49,999 10,000 to 24,999 5,000 to 9,999 3,000 to 4,999 1,600 to 2,999 1,000 to 1,599 500 to 999 Under 500

District Type 10 78 39 154 71 23 224 425

Major Urban Major Suburban Other Central City Other Central City Suburban Independent Town Non-metropolitan Fast Growing Non-metropolitan Stable Rural

Wealth - 2009-10

FY 2014

FY 2015

FY 2016

FY 2017

127

192

309

313

316

316

486

649

705

706

893

1,231

Weighted Average Change in Total M&O Revenue per WADA FY 2012

FY 2013

FY 2014

FY 2015

FY 2016

FY 2017

CSSB 22

CSSB 22

CSSB 22

CSSB 22

CSSB 22

CSSB 22

($335) ($280) ($315) ($344) ($325) ($328) ($357) ($331) ($362)

($324) ($268) ($315) ($338) ($308) ($324) ($363) ($341) ($375)

($220) ($169) ($212) ($225) ($189) ($215) ($257) ($239) ($269)

($219) ($171) ($215) ($226) ($191) ($217) ($256) ($240) ($269)

($134) ($66) ($112) ($124) ($93) ($120) ($177) ($151) ($189)

($83) ($49) ($103) ($110) ($132) ($206) ($346) ($230) ($392)

CSSB 22

CSSB 22

CSSB 22

CSSB 22

CSSB 22

CSSB 22

($349) ($307) ($305) ($331) ($283) ($426) ($322) ($348)

($366) ($282) ($294) ($338) ($250) ($439) ($320) ($362)

($273) ($174) ($186) ($234) ($126) ($329) ($215) ($259)

($273) ($175) ($188) ($238) ($126) ($329) ($213) ($259)

($206) ($71) ($73) ($148) ($9) ($263) ($119) ($175)

($182) ($24) ($7) ($280) $30 ($287) ($195) ($326)

CSSB 22

CSSB 22

CSSB 22

CSSB 22

CSSB 22

CSSB 22

124 189 157 260 137 157

Under $100,000 per WADA $100,000 - $149,999 per WADA $150,000 - $199,999 per WADA $200,000 - $319,499 per WADA $319,500 - $476,500 per WADA Districts Subject to Recapture

($139) ($225) ($225) ($304) ($452) ($496)

($133) ($197) ($187) ($246) ($514) ($567)

($50) ($98) ($86) ($117) ($422) ($473)

($49) ($99) ($87) ($118) ($423) ($472)

$87 $38 $40 $14 ($394) ($465)

$182 $129 $131 $110 ($499) ($893)

1,024

STATE TOTAL

($321)

($314)

($208)

($209)

($113)

($112)


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