LD      LR 2010(01)
Resolve, To Establish a Transition Adjustment for Fiscal Year 2009-10
Preliminary Fiscal Impact Statement for Original Bill
Sponsor: Rep. Webster of Freeport
Committee: Not Referred
Fiscal Note Required: Yes
Fiscal Note
No State fiscal impact
Fiscal Detail and Notes
Directing the Commissioner of Education to establish a transition adjustment to minimize any adverse fiscal impact that may be experienced by eligible municipalities as a result of changes in property fiscal capacity will not change the total state and local cost of K-12 public education or the State's share of that cost.  In addition, this resolve will not affect the fiscal year 2009-10 distribution of state subsidy to local school administrative units.