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Act 73 creates voter-approved supplemental district spending with state recapture; JFO outlines mechanics
Summary
Joint Fiscal Office explained that Act 73 allows districts to seek voter approval for supplemental district spending (SDS) up to 5% of base×LTW ADM (10% in early transition), taxed via an equalized property tax with recapture to a state reserve that reduces rates the following year.
Julia Richter, Joint Fiscal Office staff, briefed the committee on Supplemental District Spending (SDS), a mechanism in Act 73 that allows school districts to ask voters for local spending above the foundation formula. Richter said SDS would permit local supplemental spending up to 5% of the district’s long-term membership multiplied by the base amount (with a transition period allowing larger percentages initially).
Richter described how the SDS…
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