COMMITTEE ON LEGISLATIVE RESEARCH

OVERSIGHT DIVISION



FISCAL NOTE



L.R. No.: 0419-01

Bill No.: SB 53

Subject: Education, Elementary and Secondary: Charter Schools

Type: Original

Date: January 4, 2001




FISCAL SUMMARY



ESTIMATED NET EFFECT ON STATE FUNDS
FUND AFFECTED FY 2002 FY 2003 FY 2004
Total Estimated

Net Effect on All

State Funds

$0 $0 $0



ESTIMATED NET EFFECT ON FEDERAL FUNDS
FUND AFFECTED FY 2002 FY 2003 FY 2004
Total Estimated

Net Effect on All

Federal Funds

$0 $0 $0



ESTIMATED NET EFFECT ON LOCAL FUNDS
FUND AFFECTED FY 2002 FY 2003 FY 2004
Local Government (Unknown) (Unknown) (Unknown)

Numbers within parentheses: ( ) indicate costs or losses.

This fiscal note contains 3 pages.

FISCAL ANALYSIS



ASSUMPTION



Officials of the Department of Elementary and Secondary Education stated that the proposal would not affect their agency. They noted that there could be cost to charter schools or their sponsor.



Oversight assumes that if the sponsor is a state college or university, the cost of accreditation would either be absorbed or become a budget decision item.



FISCAL IMPACT - State Government FY 2002

(10 Mo.)

FY 2003 FY 2004
$0 $0 $0



FISCAL IMPACT - Local Government FY 2002

(10 Mo.)

FY 2003 FY 2004
CHARTER SCHOOLS
Cost - Accreditation Standards (Unknown) (Unknown) (Unknown)





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 any charter school in urban school districts to meet the same accreditation standards as any other public school and to provide documentation of accreditation to the charter school's sponsor and to the State Board of Education. The State Board of Education would provide procedures for charter schools to be evaluated for accreditation by April 1, 2002.



This legislation is not federally mandated, would not duplicate any other program and would not require additional capital improvements or rental space. The proposal would not affect Total State Revenue.





SOURCES OF INFORMATION



Department of Elementary and Secondary Education











Jeanne Jarrett, CPA

Director

January 4, 2001