2007-01-22                     House Journal                      Page 0076
HB 97                                                                                                                         
HOUSE BILL NO. 97 by the House Rules Committee by request of                                                                    
the Governor, entitled:                                                                                                         
                                                                                                                                
     "An Act making appropriations for state aid to public schools,                                                             
     centralized correspondence study, and transportation of pupils;                                                            
     and providing for an effective date."                                                                                      
                                                                                                                                
was read the first time and referred to the Health, Education & Social                                                          
Services and Finance Committees.                                                                                                
                                                                                                                                
The Governor's transmittal letter dated January 17, 2007, follows:                                                              
                                                                                                                                
"Dear Speaker Harris:                                                                                                           
                                                                                                                                
The K-12 education budget bill that I am transmitting to you today                                                              
fully funds K-12 education for Fiscal Year 2008.  In addition, I have                                                           

2007-01-22                     House Journal                      Page 0077
included $35 million in general funds to maintain the same level of                                                             
funding to school districts as was received in Fiscal Year 2007 for a                                                           
$24 million cost factor adjustment and $11 million for school                                                                   
improvement grants.  I have also added $207.4 million in general                                                                
funds for the Fiscal Year 2008 estimated retirement systems' cost                                                               
increases to school districts.                                                                                                  
                                                                                                                                
Education funding is a priority of my administration.  I look forward                                                           
to working with you to secure quick passage of this budget bill.                                                                
                                                                                                                                
                                Sincerely,                                                                                     
                                /s/                                                                                             
                                Sarah Palin                                                                                    
                                 Governor"