STAND. COM. REP. 2767
Honolulu, Hawaii
, 2004
RE: S.B. No. 2425
S.D. 1
Honorable Robert Bunda
President of the Senate
Twenty-Second State Legislature
Regular Session of 2004
State of Hawaii
Sir:
Your Committee on Ways and Means, to which was referred S.B. No. 2425, S.D. 1, entitled:
"A BILL FOR AN ACT RELATING TO EDUCATION,"
begs leave to report as follows:
The purpose of this measure is to provide more of a New Century Charter School's per pupil allocation earlier in the year. Specifically, the bill adjusts the scheduled computation and distribution of funds to charter schools from forty per cent by August 1, to fifty per cent by July 20, and twenty per cent to ten percent by January 1.
This bill will also allow the Legislature to:
(1) Adjust the most recent Department of Education annual financial report for general fund appropriations for charter schools; and
(2) Make additional appropriations for fringe and other employee benefits and facility costs.
Your Committee finds that this measure will eliminate uncertainties by expediting funding to charter schools and firm up the number of students at an earlier date, which will be used to compute the funding allocation for the school year.
As affirmed by the record of votes of the members of your Committee on Ways and Means that is attached to this report, your Committee is in accord with the intent and purpose of S.B. No. 2425, S.D. 1, and recommends that it pass Third Reading.
Respectfully submitted on behalf of the members of the Committee on Ways and Means,
____________________________ BRIAN T. TANIGUCHI, Chair |
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