Colorado Legislative Council Staff

STATE and LOCAL

FISCAL IMPACT


Drafting Number:

Prime Sponsor(s):

LLS 99-0187

Rep. King

Sen. Anderson

Date:

Bill Status:

Fiscal Analyst:

January 9, 1999

House Education

Harry Zeid (866-4753)

 

TITLE:            CONCERNING THE CREATION OF A PROGRAM PRESENTING FINANCIAL AWARDS TO EXCELLENT SCHOOLS, AND MAKING AN APPROPRIATION THEREFOR.



Fiscal Impact Summary

FY 1999/2000

FY 2000/2001

State Revenues

General Fund


 


 

State Expenditures

General Fund


$200,000


$200,000

FTE Position Change

0.0 FTE

0.0 FTE

Other State Impact: None

Effective Date: Upon signature of the Governor

Appropriation Summary for FY 1999-2000: $200,000 General Fund appropriation to the Department of Education for allocation to the Excellent Schools Fund

Local Government Impact: Thirty schools in the state will qualify for financial awards from the Excellent Schools Program administered by the Department of Education.



Summary of Legislation


            This bill establishes the Excellent Schools Program to be administered by the Department of Education. The State Board of Education would annually present a financial award of at least $10,000 to the top ten schools in the state based on an index to be developed by the Department of Education. In addition, 20 awards of at least $5,000 would be granted to schools scoring from 11th through 30th on the state index. The index would be based on the following criteria:

 

               the degree to which the school has achieved certain goals, including at least 80 percent of the school’s students scoring at a proficient level or higher on statewide assessment tests; an increase of at least 15 percent of students scoring at a proficient level or higher; or an increase of at least 7.5 percent of students scoring at a proficient level;

               information relating to literacy education;

               accreditation indicators pursuant to the State Board of Education’s accreditation policy; and

               evidence of community satisfaction with school performance and parental involvement.


            The bill contains a General Fund appropriation to the Department of Education for allocation to the Excellent Schools Program Fund for FY 1999-00 in the amount of $200,000. In addition, the bill authorizes the Department of Education to receive contributions to help fund financial awards. Donations would be credited to the Excellent Schools Program Fund. The bill would become effective upon signature of the Governor.



State Expenditures


            The bill appropriates $200,000 GF in FY 1999-00 to the Department of Education to be used for financial awards to school districts based on the index of achievement. The administrative responsibilities of the Department of Education to rank schools and administer the award program can be achieved within the Department's existing resources.



School District Impact


            Thirty schools in the state will qualify for financial awards from the Excellent Schools Program administered by the Department of Education.



State Appropriations


            The bill contains a $200,000 General Fund appropriation to the Department of Education for allocation to the Excellent Schools Program Fund for FY 1999-00.



Departments Contacted


            Education