COMMITTEE ON LEGISLATIVE RESEARCH
OVERSIGHT DIVISION
FISCAL NOTE
L.R. No.: 2863-01
Bill No.: SB 678
Subject: Teachers, Elementary and Secondary Education Dept; Education, Higher
Type: Original
Date: January 28, 2002
FISCAL SUMMARY
FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
Total Estimated
Net Effect on All State Funds |
$0 | $0 | $0 |
FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
Total Estimated
Net Effect on All Federal Funds |
$0 | $0 | $0 |
FUND AFFECTED | FY 2003 | FY 2004 | FY 2005 |
Local Government | $0 | $0 | $0 |
Numbers within parentheses: ( ) indicate costs or losses.
This fiscal note contains 3 pages.
ASSUMPTION
Officials from the Coordinating Board of Higher Education (CBH) indicated there would be no fiscal impact to CBH as a result of this proposed legislation.
Officials from the Kansas City Missouri Public School District stated there would be no fiscal impact to the District.
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.
FISCAL IMPACT - State Government | FY 2003
(10 Mo.) |
FY 2004 | FY 2005 |
$0 | $0 | $0 | |
FISCAL IMPACT - Local Government | FY 2003
(10 Mo.) |
FY 2004 | FY 2005 |
$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, no fiscal impact is assumed.
DESCRIPTION
This proposed legislation provides that the state board of education shall establish a process whereby a charter school may be evaluated for compliance with applicable school-level standards of the Missouri school improvement program review. Every charter school located in an urban school district shall demonstrate compliance with the standards established by the state board of education or provide documentation of accreditation by an independent accrediting agency.
DESCRIPTION (continued)
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
Coordinating Board of Higher Education
Kansas City Missouri Public School District
Not Responding
St Louis Public Schools
Mickey Wilson, CPA
Acting Director
January 28, 2002