00                            SENATE BILL NO. 230                                                                         
01 "An Act making appropriations for state aid to public schools, centralized                                              
02 correspondence study, and transportation of pupils; and providing for an effective                                      
03 date."                                                                                                                  
04 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
05    * Section 1.  The sum of $310,781,900 is appropriated to the public education fund                                 
06 (AS 14.17.300) for the following purposes from the following sources in the amounts stated:                             
07       PURPOSE                                        ALLOCATION                                                         
08       Distribution to school districts, to the state boarding school,                                                   
09           and for centralized correspondence study under AS 14.17                                                       
10           for the fiscal year ending June 30, 2007     $256,074,700                                                     
11       Transportation of pupils under AS 14.09.010 for the                                                               
12           fiscal year ending June 30, 2007              54,707,200                                                      
13       FUND SOURCE                                       AMOUNT                                                          
14       General fund                                     $278,032,900                                                     

01       Federal impact aid for K-12 schools               20,791,000                                                      
02       Public school trust fund (AS 37.14.110)           11,958,000                                                      
03    * Sec. 2. The sum of $565,000,000 is appropriated from the general fund to the public                              
04 education fund (AS 14.17.300) for distribution, along with the remaining balance of the                                 
05 public education fund on June 30, 2006, estimated to be $3,352,600, to school districts, to the                         
06 state boarding school, and for centralized correspondence study under AS 14.17 for the fiscal                           
07 year ending June 30, 2007.                                                                                              
08    * Sec. 3. The sum of $90,198,400 is appropriated from the general fund to the public                               
09 education fund (AS 14.17.300) for distribution to school districts, to the state boarding school,                       
10 and for centralized correspondence study under AS 14.17 for the fiscal year ending June 30,                             
11 2007.                                                                                                                   
12    * Sec. 4. Section 3 of this Act takes effect only if a bill increasing the base student                            
13 allocation used in the formula for state financing of public education is passed by the Twenty-                         
14 Fourth Alaska State Legislature in 2006 and is enacted into law.                                                        
15    * Sec. 5. The appropriations made by secs. 1 - 3 of this Act are to capitalize a fund and do                       
16 not lapse.                                                                                                              
17    * Sec. 6. Section 2 of this Act takes effect June 30, 2006.                                                        
18    * Sec. 7. If sec. 3 of this Act takes effect under sec. 4 of this Act, it takes effect July 1, 2006.               
19    * Sec. 8. Sections 1 and 4 of this Act take effect July 1, 2006.