House Bill 1447

    Florida House of Representatives - 1999                HB 1447

        By Representative Sorensen






  1                      A bill to be entitled

  2         An act relating to education funding; amending

  3         s. 236.081, F.S.; revising the formula for

  4         determination of district cost differentials;

  5         eliminating adjustments for district sparsity

  6         supplements; providing an effective date.

  7

  8  Be It Enacted by the Legislature of the State of Florida:

  9

10         Section 1.  Subsection (2), and paragraph (c) of

11  subsection (6) of section 236.081, Florida Statutes, 1998

12  Supplement, are amended to read:

13         236.081  Funds for operation of schools.--If the annual

14  allocation from the Florida Education Finance Program to each

15  district for operation of schools is not determined in the

16  annual appropriations act or the substantive bill implementing

17  the annual appropriations act, it shall be determined as

18  follows:

19         (2)  DETERMINATION OF DISTRICT COST DIFFERENTIALS.--The

20  commissioner shall annually compute for each district the

21  current year's district cost differential.  The district cost

22  differential shall be calculated by adding each district's

23  price level index as published in the Florida Price Level

24  Index, prepared by the Executive Office of the Governor, for

25  the most recent 3 years and dividing the resulting sum by 3.

26  The result for each district shall be multiplied by 0.008 and

27  to the resulting product shall be added 0.200; except that for

28  any district for which the housing component of the district's

29  cost differential for the current year exceeds 100 percent of

30  the statewide average, such result shall be multiplied by

31  0.0085 and to the resulting product there shall be added 0.15.

                                  1

CODING: Words stricken are deletions; words underlined are additions.






    Florida House of Representatives - 1999                HB 1447

    729-108-99






  1  The sum thus obtained shall be the cost differential for that

  2  district for that year.

  3         (6)  DETERMINATION OF SPARSITY SUPPLEMENT.--

  4         (c)  Each district's allocation of sparsity supplement

  5  funds shall be adjusted in the following manner:

  6         1.  A maximum discretionary levy per FTE value for each

  7  district shall be calculated by dividing the value of each

  8  district's maximum discretionary levy by its FTE student

  9  count;

10         2.  A state average discretionary levy value per FTE

11  shall be calculated by dividing the total maximum

12  discretionary levy value for all districts by the state total

13  FTE student count;

14         3.  For districts that have a levy value per FTE as

15  calculated in subparagraph 1. higher than the state average

16  calculated in subparagraph 2., a sparsity wealth adjustment

17  shall be calculated as the product of the difference between

18  the state average levy value per FTE calculated in

19  subparagraph 2. and the district's levy value per FTE

20  calculated in subparagraph 1. and the district's FTE student

21  count and -1;

22         4.  Each district's sparsity supplement allocation

23  shall be calculated by adding the amount calculated as

24  specified in paragraphs (a) and (b) and the wealth adjustment

25  amount calculated in this paragraph.

26         Section 2.  This act shall take effect July 1, 1999.

27

28            *****************************************

29                          HOUSE SUMMARY

30
      Revises the formula for determination of district cost
31    differentials. Eliminates adjustments for district
      sparsity supplements.
                                  2