COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. NO.: 2666-01

BILL NO.: SB 698

SUBJECT: Education, Elementary and Secondary: Teachers

TYPE: Original

DATE: January 17, 2000



FISCAL SUMMARY



ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 2001 FY 2002 FY 2003
General Revenue ($25,000 to $50,000) $0 $0
Total Estimated

Net Effect on All

State Funds

 ($25,000 to $50,000) $0 $0



ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2001 FY 2002 FY 2003
Total Estimated

Net Effect on All

Federal Funds

 $0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 2001 FY 2002 FY 2003
Local Government $0 $0 $0

Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 3 pages.







FISCAL ANALYSIS



ASSUMPTION



Officials from the Department of Elementary and Secondary Education (DESE) made the following assumptions:

1. Missouri School Improvement Program (MSIP) reviews of charter schools would need to be done individually, as opposed to being done when the school district's MSIP is being conducted.

2. To review all charter schools, DESE would incur additional General Revenue expenses totalling from $25,000 to $50,000.

3. Once the charter schools are reviewed, they would not be reviewed for another 5 years.



DESE assumes no fiscal impact would result to public school districts.



FISCAL IMPACT - State Government FY 2001

(10 Mo.)

 FY 2002 FY 2003
GENERAL REVENUE FUND
Cost-Department of Elementary and Secondary Education
MSIP Reviews ($25,000 to $50,000) $0 $0



FISCAL IMPACT - Local Government FY 2001

(10 Mo.)

 FY 2002 FY 2003
$0 $0 $0



FISCAL IMPACT - Small Business



No direct fiscal impact to small businesses would be expected as a result of this proposal.













DESCRIPTION



The proposal would require charter schools to meet the same accreditation standards as any other public school.



This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space.



SOURCES OF INFORMATION



Department of Elementary and Secondary Education





Jeanne Jarrett, CPA

Director

January 17, 2000