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Summary of 2006 School Finance Bill HB06-1375

Published
02/01/2006

Assumptions in the model: The model was updated to reflect actual data for the current budget year and the Legislative Council Staff December 2005 revenue forecast. The result in the short term is higher state aid costs and diversions to the State Education Fund. Higher projections for federal mineral lease payment help offset the impact on the General Fund and State Education Fund.