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IN SB0457
Bill
Status
1/14/2015
Primary Sponsor
Michael Delph
Click for details
AI Summary
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Increases per-test payment amounts for performance grants: schools with 72.5%-90% passing rates receive $33 per passing test (up from $23.50), schools with 90%+ passing rates receive $66 per passing test (up from $47), and schools with 5%+ year-over-year growth receive $66 per passing test (up from $47).
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Increases per-pupil payment amounts for graduation-based grants: schools with 90%+ graduation rates receive $246 per graduating pupil (up from $176), schools with 75%-90% graduation rates receive $123 per graduating pupil (up from $88), and schools with 5%+ year-over-year graduation growth receive $66 per pupil (up from $47).
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Appropriates $20,000,000 each fiscal year for the biennium (July 1, 2015 - June 30, 2017) for performance grant awards in addition to regular state budget appropriations.
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Creates new minimum guarantee complexity grant with a floor of $450 per average daily membership (ADM) and appropriates $10,700,000 each fiscal year of the biennium to fund it.
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Declares an emergency and extends performance grant provisions through June 30, 2017.
Legislative Description
Education funding. Increases the amounts used in determining performance grant awards. Appropriates $20,000,000 each state fiscal year of the biennium for performance grant awards that is in addition to the appropriation made by the budget act. Provides a complexity grant minimum guarantee based on a floor of $450 per average daily membership (ADM). Appropriates $10,700,000 each state fiscal year to fund the minimum guarantee complexity grant.
Last Action
First Reading: referred to Committee on Appropriations
1/14/2015