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S1231............................................................by FINANCE PUBLIC SCHOOLS - Directs the State Controller to transfer funds to the Public Education Stabilization Fund; and provides for a one-time distribution of funds to certain school districts. 03/24 Senate intro - 1st rdg - to printing 03/25 Rpt prt - to Fin Rpt out - rec d/p - to 2nd rdg 03/29 2nd rdg - to 3rd rdg Rls susp - PASSED - 35-0-0 AYES -- Andreason, Brandt, Broadsword, Bunderson, Burkett, Burtenshaw, Cameron, Coiner, Compton, Corder, Darrington, Davis, Fulcher, Gannon, Geddes, Goedde, Hill, Jorgenson, Kelly, Keough, Langhorst, Little, Lodge, Malepeai, Marley, McGee, McKenzie, Pearce, Richardson, Schroeder, Stegner, Stennett, Sweet, Werk, Williams NAYS -- None Absent and excused -- None Floor Sponsor - Cameron Title apvd - to House 03/30 House intro - 1st rdg - to 2nd rdg 03/31 2nd rdg - to 3rd rdg Rls susp - PASSED - 63-0-7 AYES -- Anderson, Andrus, Barraclough, Barrett, Bastian, Bayer, Bedke, Bell, Bilbao(Reynoldson), Black, Block, Boe, Bolz, Bradford, Cannon, Chadderdon, Collins, Crow, Deal, Denney, Edmunson, Ellsworth, Eskridge, Field(18), Field(23), Garrett, Hart, Harwood, Henbest, Henderson, Jones, Kemp, Lake, Loertscher, Martinez, Mathews, McGeachin, McKague, Miller, Mitchell, Nielsen, Nonini, Pasley-Stuart, Pence, Ring, Ringo, Roberts, Rusche, Rydalch, Sali, Sayler, Schaefer, Shepherd(2), Shepherd(8), Shirley, Smith(30), Smylie, Snodgrass, Stevenson, Trail, Wills, Wood, Mr. Speaker NAYS -- None Absent and excused -- Clark, Jaquet, LeFavour, Moyle, Raybould, Skippen, Smith(24) Floor Sponsor - Bedke Title apvd - to Senate 04/01 To enrol - Rpt enrol - Pres/Sp signed 04/04 To Governor 04/14 Governor signed Session Law Chapter 381 Effective: 04/14/05
]]]] LEGISLATURE OF THE STATE OF IDAHO ]]]] Fifty-eighth Legislature First Regular Session - 2005 IN THE SENATE SENATE BILL NO. 1231 BY FINANCE COMMITTEE 1 AN ACT 2 DIRECTING THE STATE CONTROLLER TO TRANSFER CERTAIN FUNDS; DIRECTING THE SUPER- 3 INTENDENT OF PUBLIC INSTRUCTION TO MAKE A ONE-TIME DISTRIBUTION OF FUNDS; 4 AND DECLARING AN EMERGENCY. 5 Be It Enacted by the Legislature of the State of Idaho: 6 SECTION 1. The State Controller shall transfer $5,000,000 from the Budget 7 Stabilization Fund to the Public Education Stabilization Fund by no later than 8 June 30, 2005. 9 SECTION 2. Of the moneys appropriated in Section 3, Chapter 342, Laws of 10 2004, the Superintendent of Public Instruction shall make a one-time distribu- 11 tion of moneys to school districts that receive a reduction of state funds as 12 a result of the implementation of Section 33-1002C(3), Idaho Code, for the 13 period July 1, 2004, through June 30, 2005, in a like amount as the reduction 14 received. 15 SECTION 3. An emergency existing therefor, which emergency is hereby 16 declared to exist, this act shall be in full force and effect on and after its 17 passage and approval.
|Statement of Purpose|
The purpose of this legislation is to ensure that Public Schools receive the level of funding,
on a per classroom basis, that was expected when the current year’s Public Schools budget was set
by the 2004 Legislature. Since this budget was set, student enrollment has surged beyond the
projections upon which the budget was based. As a result, less money is available per classroom
than was assumed when school districts built their budgets for this year. This $5 million infusion,
when added to the $7.15 million already in the Public Education Stabilization Fund, should ensure
that sufficient funds exist to cover the total shortfall, currently estimated at approximately
In addition, Section 2 of the bill ensures that no school district will receive an unexpected
reduction in funding as a result of changes made in SB 1221.
No fiscal impact to the General Fund.
Contact: Jason Hancock 334-4739
Legislative Services Office, Budget & Policy Analysis
|Statement of Purpose/Fiscal Note||Bill No. S1231|