HB 896 -- School Funding

Sponsor:  Aull

When a school district bases its levy on an estimate of state
assessed railroad and utility revenue that is lower than revenues
actually received, it must roll back its levy.  The resulting
property tax receipts will be deducted from its state aid, and
the lower levy may draw less state aid.  This bill provides that
the amount of local revenue and state aid lost as a result of the
lowered levy will not be subject to deduction.

Missouri House of Representatives
93rd General Assembly, 1st Regular Session
Last Updated August 25, 2005 at 1:20 pm