As Amended
SEC. 37-151-3. Funding projections and comparisons for school districts.
The State Department of Education shall, on or before July 1, 1994, calculate the state funds which would be allocated to each school district of the state under the base student cost funding formula defined in Sections 37-151-5 and 37-151-7, and shall develop a district by district projection which compares the state education funds to be allocated to each district in Fiscal Year 1995 with the projected funds which would be allocated to each district under the said base student cost funding formula in Fiscal Year 1995. Said funding projections and comparisons shall be prepared in report form and shall be distributed to each school district, the State Board of Education and the Chairmen of the Education Committees of the Senate and House of Representatives on or before July 1, 1994, and shall be updated on an annual basis. Said report shall include a comparison of the total state funds required to fund the base student cost funding formula in Fiscal Year 1995 compared to the total state funds appropriated to fund education programs.
SOURCES: Laws, 1994, ch. 581, Sec. 2, eff from and after passage (approved April 7, 1994)