Title: Florida Education Finance Program

Summary: Requires that the Department of Education enter into a contract with an entity located outside the state to conduct a study and review of the Florida Education Finance Program and recommend any improvements that may be necessary. Requires that the department submit a report to the Legislature and the Governor by a specified date, etc. APPROPRIATION:

Full Text:
An act relating to the Florida Education Finance Program; requiring that the Department of Education enter into a contract with an entity located outside the state to conduct a study and review of the Florida Education Finance Program and recommend any improvements that may be necessary; requiring that the department submit a report to the Legislature and the Governor by a specified date; providing an appropriation and for carryforward of any unexpended balance of funds; providing an effective date. Be It Enacted by the Legislature of the State of Florida: Section 1.  (1)  The Department of Education shall enter into a contract with an entity located outside the state to conduct a study that includes the review of the Florida Education Finance Program. The entity shall review the current funding distribution formula and recommend any improvements that may be necessary to ensure equity among the school districts. The entity shall consider each school district s varying characteristics and overall student populations. (2)  The department shall submit a report containing the results of the study to the President of the Senate, the Speaker of the House of Representatives,and the Governor by January 1, 2012. Section 2.  For the 2011-2012 fiscal year, the sum of $100,000 in nonrecurring funds is appropriated from the General Revenue Fund to the Department of Education for the purpose of implementing section of this act. Any unexpended funds from this appropriation shall be reappropriated for the 2012-2013 fiscal year. Section 3. This act shall take effect July 1, 2011.