Logo


SCHOOL FINANCE STUDY COMMITTEE AGENDA

Representative Orville Smidt, Chair

Senator Ed Olson, Vice Chair

Fifth & Final Meeting LCR 1&2

2002 Interim State Capitol Building

October 7, 2002 Pierre, South Dakota

Monday, October 7, 2002

9:30 a.m.

Call to Order

Roll Call

Determination of Quorum

Approval of Agenda and Minutes

9:40 a.m.

Opening Remarks

--Representative Orville Smidt, Chair

9:50 a.m.

School Funding Issues:

Incorporating Other Revenue in the State Aid Formula

(Gross Receipts, Fines, Bank Franchise Tax, School & Public Land Apportionments)

--Ray Christensen, Department of Education and Cultural Affairs

Public Testimony

12:00 Noon

Lunch Recess

1:15 p.m.

Reconvene

Discuss Possible Legislation:

--Increase sales tax to provide more funding for State Aid

--Increase statutory funding per ADM

--Revise statutory definition of a school district

--Restore categorical status or a funding formula for CTE

--Joint Resolution on fines and School and Public Lands revenue

--Best Practices Act

--Funding for Merit Pay

--Deposit Bank Franchise Tax to general fund

Public Testimony

Committee Discussion and Deliberation

3:00 p.m.

Adjourn

 

Members: Representative Orville Smidt, Chair; Senator Ed Olson, Vice-chair; Senator H. Paul Dennert; Representatives Jim Bradford, B. Michael Broderick, Jr., Art Fryslie, Phyllis Heineman, Jeff Monroe, William Napoli, Bill Peterson, Jim Peterson, Larry Rhoden, Dale Slaughter, Duane Sutton, and John Teupel.

NOTE: Individuals needing assistance, pursuant to the Americans with Disabilities Act, should contact the Legislative Research Council (605/773-3251) in advance of the meeting to make any necessary arrangements.

Logo All Legislative Research Council committee minutes and agendas are available at the South Dakota Legislature?s Homepage: http://legis.state.sd.us. Subscribe to receive electronic notification of meeting schedules and the availability of agendas and minutes at MyLRC (http://legis.state.sd.us/mylrc/index.cfm).