Revision: Jan. 31, 2013, midnight
HB 629-FN – AS INTRODUCED
2013 SESSION
04/01
HOUSE BILL 629-FN
AN ACT relative to designation as a high performance school for the purpose of qualifying for additional school building aid grants.
SPONSORS: Rep. Ladd, Graf 4; Rep. Gile, Merr 27
This bill establishes a procedure for designating a school as a high performance school for the purpose of qualifying for additional school building aid grants.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
13-0187
04/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Thirteen
AN ACT relative to designation as a high performance school for the purpose of qualifying for additional school building aid grants.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 New Subparagraphs; School Building Aid; Amount of Grant. Amend RSA 198:15-b, I(a)(2) by inserting after subparagraph (D) the following new subparagraphs:
(E) A school district or charter school which complies with the provisions of this section shall be entitled to receive an additional grant equal to 3 percent of the total construction costs if such construction qualifies for designation as a high performance school pursuant to the most recent edition of the northeast version of standards from the Collaborative for High Performance Schools. The commissioner of the department of education shall develop a form specifically for making application for designation as a high performance school.
(F) Funds received from charitable trusts, bequests, gifts, insurance policies, federal grants, or grants from other state programs shall not be considered in computing grants under this paragraph.
2 Effective Date. This act shall take effect 60 days after its passage.
LBAO
13-0187
01/18/13
HB 629-FN - FISCAL NOTE
AN ACT relative to designation as a high performance school for the purpose of qualifying for additional school building aid grants.
FISCAL IMPACT:
The Department of Education states this bill, as introduced, will increase state expenditures and local revenue by $39,878 in FY 2014, $66,499 in FY 2015, $100,572 in FY 2016, and $136,236 in FY 2017. There will be no fiscal impact on state and county revenue, or county and local expenditures.
METHODOLOGY:
This bill establishes a procedure for designating a school as a high performance school for the purpose of qualifying for additional school building aid grants. The Department of Education states each qualifying school district will be entitled to an additional three percent of building aid, with 80 percent of the funds awarded in the first year and the remaining 20 percent awarded when the project is finished. The Department states that while previous high performance aid was capped at $100,000 per year, this bill does not include a cap. Total school building aid is capped at $50 million per year. The Department states outstanding school building aid is deducted from this amount, leaving the remainder available for additional aid. The Department further states average eligibility is 46 percent of approved construction costs. With an additional three percent of aid available, the Department estimates state expenditures and local revenue will increase by the following amounts in FY 2014 through FY 2017:
Cap |
Outstanding school building aid |
Remainder available for new projects |
Remainder available * 46% of approved construction costs |
Additional high performance aid at 3% of approved construction costs | |
FY 2014 |
$50,000,000 |
$47,110,320 |
$2,889,680 |
$1,329,253 |
$39,878 |
FY 2015 |
$50,000,000 |
$45,181,264 |
$4,818,736 |
$2,216,619 |
$66,499 |
FY 2016 |
$50,000,000 |
$42,712,189 |
$7,287,811 |
$3,352,393 |
$100,572 |
FY 2017 |
$50,000,000 |
$40,127,817 |
$9,872,183 |
$4,541,204 |
$136,236 |