00                            SENATE BILL NO. 174                                                                         
01 "An Act relating to education funding; and providing for an effective date."                                            
02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                                
03    * Section 1.  AS 14.17.410(b) is amended to read:                                                                  
04            (b)  Public school funding consists of state aid, a required local contribution,                             
05       and eligible federal impact aid determined as follows:                                                            
06                 (1)  state aid equals basic need minus a required local contribution and                                
07       90 percent of eligible federal impact aid for that fiscal year; basic need equals the sum                         
08       obtained under (D) of this paragraph, multiplied by the base student allocation set out                           
09       in AS 14.17.470; district adjusted ADM is calculated as follows:                                                  
10                      (A)  the ADM of each school in the district is calculated by                                       
11            applying the school size factor to the student count as set out in AS 14.17.450;                             
12                      (B)  the number obtained under (A) of this paragraph is                                            
13            multiplied by the district cost factor described in AS 14.17.460;                                            
14                      (C)  the ADMs of each school in a district, as adjusted                                            
15            according to (A) and (B) of this paragraph, are added; the sum is then                                       

01            multiplied by the special needs factor set out in AS 14.17.420(a)(1);                                        
02                      (D)  the number obtained for intensive services under                                              
03            AS 14.17.420(a)(2) and the number obtained for correspondence study under                                    
04            AS 14.17.430 are added to the number obtained under (C) of this paragraph;                                   
05                 (2)  the required local contribution of a city or borough school district is                            
06       the lesser of                                                                                                 
07                      (A)  the equivalent of a four mill tax levy on the full and true                               
08            value of the taxable real and personal property in the district as of January 1 of                           
09            the second preceding fiscal year, as determined by the Department of                                         
10            Community and Economic Development under AS 14.17.510 and                                                    
11            AS 29.45.110; or                                                                                         
12                      (B)  100 [, NOT TO EXCEED 45] percent of a district's basic                                    
13            need for the current [PRECEDING] fiscal year as determined under (1) of this                             
14            subsection.                                                                                                  
15    * Sec. 2.  AS 14.17.470 is amended to read:                                                                        
16            Sec. 14.17.470.  Base student allocation.  The base student allocation is                                  
17       $3,976 [$3,940].                                                                                              
18    * Sec. 3.  AS 14.17.905 is amended to read:                                                                        
19            Sec. 14.17.905.  Facilities constituting a school.  For purposes of this chapter,                          
20       the determination of the number of schools in a district is subject to the following:                             
21                 (1)  a community with an ADM of at least 10, but not more than 100,                                     
22       shall be counted as one school;                                                                                   
23                 (2)  a community with an ADM of at least 101, but not more than 400                                 
24       [750], shall be counted as                                                                                        
25                      (A)  one elementary school, which includes those students in                                       
26            grades kindergarten through six [6]; and                                                                 
27                      (B)  one secondary school, which includes students in grades                                       
28            seven [7] through 12;                                                                                    
29                 (3)  in a community with an ADM of greater than 400 [750], each                                     
30       facility that is administered as a separate school shall be counted as one school, except                         
31       that each alternative school with an ADM of less than 200 shall be counted as a part of                           

01       the school in the district with the highest ADM.                                                                  
02    * Sec. 4.  This Act takes effect July 1, 2001.