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:

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:

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.