HJ31:

JLARC; true cost of education, report.

Bill Summary:

Study; JLARC; true cost of education; at-risk
add-on and composite index of local ability-to-pay; report. Requires
the Joint Legislative Audit and Review Commission to continue its
study of the true cost of education in the Commonwealth and its directive
to provide an accurate assessment of the costs to implement the Standards
of Quality and, in conjunction, to study the efficiency and effectiveness
of the at-risk add-on and the composite index of local ability-to-pay
funding formula as tools for funding public education at levels that
meet or exceed its true cost. The meeting and reporting deadlines
in the original study are unaffected by the additional study tasks.