AN ACT relative to distribution of education funds for fiscal year 2013.
SPONSORS: Sen. Kelly, Dist 10; Sen. Boutin, Dist 16; Sen. Bradley, Dist 3; Sen. Carson, Dist 14; Sen. D’Allesandro, Dist 20; Sen. Fuller Clark, Dist 21; Sen. Gilmour, Dist 12; Sen. Hosmer, Dist 7; Sen. Larsen, Dist 15; Sen. Lasky, Dist 13; Sen. Pierce, Dist 5; Sen. Rausch, Dist 19; Sen. Soucy, Dist 18; Sen. Watters, Dist 4; Sen. Woodburn, Dist 1; Rep. Wallner, Merr 10; Rep. Gile, Merr 27; Rep. Lerandeau, Ches 12; Rep. Almy, Graf 13; Rep. Whittemore, Rock 5
Amends RSA 198:41, IV. Adds (b) “(b) For fiscal year 2013, the department of education shall identify all municipalities in which the fiscal year 2013 total education grant, including any stabilization grant distributed pursuant to subparagraph (a), will be less than the fiscal year 2011 total education grant. The department shall distribute funds to each of those municipalities equal to 100 percent of the decrease.” Changes the date in (c) from 2013 to 2014.]
ANHPE Analysis: Last year’s Legislature took an unusual approach to education funding. They left the established formula in place for the last biennium but reduced the formula for this subsequent biennium by $140 million. The current legislature must, therefore, pass SB 40 to restore control of its own budget and prevent a massive downshifting to dozens of New Hampshire towns. As you can see from the list of sponsors, there is virtual unanimity among legislative leadership that this bill must pass.