HB 55 -- State School Aid

Co-Sponsors:  Johnson (47), Campbell, Yates, LeVota, Sager,
Dusenberg, Pratt

The formula for state school aid includes an entitlement line
that calculates the amount of state and local funds necessary for
the operation of each school district.  This line is currently
divided into a line 1A, which calculates an entitlement amount
for districts at or below the minimum levy, and line 1B, which
calculates an entitlement figure for any portion of a levy above
the minimum, so that in years in which the formula may go
underfunded, the minimum levy amount will get priority.  This
bill combines line 1A and 1B and also removes payment in lieu of
taxes from the list of local wealth sources which are deducted
from the entitlement figure.

The bill has an effective date of July 1, 2004.

Missouri House of Representatives
Last Updated July 25, 2003 at 10:10 am