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2011 SESSION

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HJ 681 Composite Index of Local Ability to Pay; Joint Legislative Audit and Review Commission to study.

Introduced by: Jennifer L. McClellan | all patrons    ...    notes | add to my profiles

SUMMARY AS INTRODUCED:

Study; Composite Index of Local Ability to Pay; report.  Directing the Joint Legislative Audit and Review Commission to study the efficiency and effectiveness of the Composite Index of Local Ability to Pay. In conducting the study, the Joint Legislative Audit and Review Commission shall (i) review current statutory, constitutional, and budgetary provisions governing the calculation of SOQ costs and funding; (ii) examine the components of the Composite Index and how they interact; (iii) evaluate other states' public school funding formulas; (iv) hear local concerns and seek input from various Virginia and national experts, as available; and (v) evaluate the need to adjust the current basic school aid formula.

The Commission must submit its findings and recommendations to the 2012 Session of the General Assembly.


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