Adjustments To School Funding Fiscal Year 2022-23
| Type | Bill |
|---|---|
| Session | 2023 Regular Session |
| Subjects |
Concerning adjustments to school funding for the 2022-23 budget year, and, in connection therewith, reducing an appropriation.
Bill Summary:
The general assembly recognizes that the actual funded pupil count was lower and the at-risk pupil count was higher than expected when the appropriation amount for the state share of total program funding was established during the 2022 legislative session, resulting in an overall increase in total program funding for the 2022-23 budget year.
In addition, the local property tax revenue and specific ownership tax revenue are higher than anticipated, resulting in an increase in the local share of total program funding.
The act declares the general assembly's intent to maintain the budget stabilization factor at the amount of the original appropriation for the 2022-23 budget year.
The act decreases the appropriation for the state share of total program funding by $76,383,372 in cash funds from the state education fund and adjusts the 2022-23 state fiscal year long bill accordingly.
APPROVED by Governor March 3, 2023
EFFECTIVE March 3, 2023
(Note: This summary applies to this bill as enacted.)
Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 23-136 to the Committee of the Whole. | The motion passed on a vote of 11-0. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 23-136 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. | The motion passed on a vote of 7-0. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 02/16/2023 | Third Reading | BILL |
56
AYE
8
NO
1
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 02/09/2023 | Third Reading | BILL |
34
AYE
0
NO
1
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 03/03/2023 | Governor | Governor Signed |
| 02/28/2023 | Governor | Sent to the Governor |
| 02/28/2023 | House | Signed by the Speaker of the House |
| 02/28/2023 | Senate | Signed by the President of the Senate |
| 02/16/2023 | House | House Third Reading Passed - No Amendments |
| 02/15/2023 | House | House Second Reading Special Order - Passed - No Amendments |
| 02/14/2023 | House | House Committee on Appropriations Refer Unamended to House Committee of the Whole |
| 02/09/2023 | House | Introduced In House - Assigned to Appropriations |
| 02/09/2023 | Senate | Senate Third Reading Passed - No Amendments |
| 02/08/2023 | Senate | Senate Second Reading Special Order - Passed - No Amendments |
| 02/07/2023 | Senate | Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole |
| 02/06/2023 | Senate | Introduced In Senate - Assigned to Appropriations |
Prime Sponsor
Sponsor
Co-Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 03/03/2023 | 3 | Adjustments To School Funding Fiscal Year 2022-23 |