HB 479: "An Act relating to a minimum expenditure for the instruction component in a public school budget; and providing for an effective date."
00 HOUSE BILL NO. 479 01 "An Act relating to a minimum expenditure for the instruction component in a public 02 school budget; and providing for an effective date." 03 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA: 04 * Section 1. AS 14.17.520(a) is amended to read: 05 (a) A district shall budget for and spend a minimum of [70 PERCENT OF] its 06 school operating expenditures in each fiscal year on the instructional component of the 07 district budget as follows: 08 School ADM Required expenditures 09 Less than 200 70 percent 10 At least 200 but less than 301 75 percent 11 At least 301 but less than 401 80 percent 12 401 or more 85 percent. 13 * Sec. 2. AS 14.17.520(f) is amended to read: 14 (f) In this section,
01 02 (1) "instructional component" includes expenditures for teachers and 03 for pupil support services; 04 (2) "school ADM" means the district ADM divided by the number 05 of schools in the district. 06 * Sec. 3. This Act takes effect July 1, 2003.