COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 0130-01
Bill No.: SB 72
Subject: Teachers; Elementary and Secondary Education Dept; Education, Elementary and Secondary, Education, Higher
Type: Original
Date: January 9, 2003
FISCAL SUMMARY
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on General Revenue Fund |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on Other State Funds |
$0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
| FUND AFFECTED | FY 2004 | FY 2005 | FY 2006 |
| School Districts | $0 | $0 | $0 |
ASSUMPTION
Officials from the Department of Higher Education (DHE) indicated there would be no fiscal impact to DHE as a result of this proposal.
Officials from the Department of Elementary and Secondary Education stated that since the proposal is permissive, there would be no fiscal impact on the agency. However, there could be a cost to the charter schools to retain the accrediting agency.
Official from Central Missouri State University stated there would be no fiscal impact to the University.
Officials from the Kansas City Missouri Public School District stated there would be no fiscal impact to the District.
| FISCAL IMPACT - State Government | FY 2004
(10 Mo.) |
FY 2005 | FY 2006 |
| $0 | $0 | $0 |
| FISCAL IMPACT - Local Government | FY 2004
(10 Mo.) |
FY 2005 | FY 2006 |
| $0 | $0 | $0 |
FISCAL IMPACT - Small Business
Charter schools, although receiving state aid, are governed by private boards and may be operated by either profit or not-for profit entities. Charter schools may incur expenses associated with retaining an accrediting agency, but since the language in the proposal gives charter schools options regarding showing compliance with standards Oversight assumes no fiscal impact.
DESCRIPTION
This proposal provides that charter schools shall be subject to the same accreditation standards and accreditation process currently applied to other public schools.
This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space. This proposal would not affect Total State Revenue.
SOURCES OF INFORMATION
Department of Elementary and Secondary Education
Department of Higher Education
Central Missouri State University
University of Missouri
University of Missouri - St Louis
Mickey Wilson, CPA
Director
January 9, 2003