00                       CS FOR SENATE BILL NO. 174(RLS)                                                                   
01 "An Act establishing a base student allocation for purposes of determining education                                    
02 funding in the amount of $4,010; providing that only 50 percent of the annual increase                                  
03 in assessed value may be included for purposes of calculating the required contribution                                 
04 to education from a city or borough school district; providing that a community with at                                 
05 least 101 students but not more than 425 students in average daily membership is                                        
06 counted as one elementary and one secondary school, and that, in a community with                                       
07 more than 425 students in average daily membership, each facility administered as a                                     
08 separate school, except certain alternative schools, is counted as a school; and providing                              
09 for an effective date."                                                                                                 
10 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
11    * Section 1.  AS 14.17.470 is amended to read:                                                                     
12            Sec. 14.17.470.  Base student allocation.  The base student allocation is                                  
01       $4,010 [$3,940].                                                                                              
02    * Sec. 2.  AS 14.17.510 is amended by adding a new subsection to read:                                             
03            (c)  Notwithstanding AS 14.17.410(b)(2) and the other provisions of this                                     
04       section, if the assessed value in a city or borough school district determined under (a)                          
05       of this section increases from the base year, only 50 percent of the annual increase in                           
06       assessed value may be included in determining the assessed value in a city or borough                             
07       school district under (a) of this section.  The limitation on the increase in assessed                            
08       value in this subsection applies only to a determination of assessed value for purposes                           
09       of calculating the required contribution of a city or borough school district under                               
10       AS 14.17.410(b)(2) and 14.17.490(b).  In this subsection, the base year is 1999.                                  
11    * Sec. 3.  AS 14.17.905 is amended to read:                                                                        
12            Sec. 14.17.905.  Facilities constituting a school.  For purposes of this chapter,                          
13       the determination of the number of schools in a district is subject to the following:                             
14                 (1)  a community with an ADM of at least 10, but not more than 100,                                     
15       shall be counted as one school;                                                                                   
16                 (2)  a community with an ADM of at least 101, but not more than 425                                 
17       [750], shall be counted as                                                                                        
18                      (A)  one elementary school, which includes those students in                                       
19            grades kindergarten through six [6]; and                                                                 
20                      (B)  one secondary school, which includes students in grades                                       
21            seven [7] through 12;                                                                                    
22                 (3)  in a community with an ADM of greater than 425 [750], each                                     
23       facility that is administered as a separate school shall be counted as one school, except                         
24       that each alternative school with an ADM of less than 200 shall be counted as a part of                           
25       the school in the district with the highest ADM.                                                                  
26    * Sec. 4.  This Act takes effect July 1, 2001.