Section 1. Amend §1924, Title 14 of the Delaware Code by
adding a new subsection (g) to read as follows:
“(f) Beginning in fiscal year 2007, the provisions
of subsections (a) through (f) of this section shall sunset.”
Section 2. Amend §1925, Title 14 of the Delaware Code by
adding a new subsection (f) to read as follows:
“(f) Beginning in fiscal year 2007, the provisions
of subsections (a) through (e) of this section shall sunset.”
Section
3. Amend §1321 (e)(1) by deleting the
phrase “not to exceed a total of 2 per reorganized school district”.
Section
4. Amend §1321 (e)(2) by deleting the
phrase “not to exceed a total of 6 per reorganized school district”.
Section
5. Amend §1707 (b)(1) by deleting the
third and fourth sentences of said subsection .
Section
6. Amend §1707 (b)(7) by deleting the
second and third sentences of said subsection.
Section
7. Amend §1707 (b)(8) by deleting the
second, third and fourth sentences of said subsection.
Section 8. Amend §1707 (b)(9) by deleting the second,
third and fourth sentences of said subsection.
Section 9. Amend §1707 (b)(11) by deleting the third
through the fifth sentences of said subsection.
Section 10. Amend §1707 (b)(12) deleting said subsection
in its entirety.
Section
11. Amend §1707 (c) be deleting the
phrase “, to school districts other than those created under the provisions of
§1028(k) of this title,” as it appears in the first sentence.
Section
12. Amend §1707 (e) by deleting the
phrase “, or a district created under §1028(k) of this title where the sum of
the tax district effort index and the individual district effort index is less
than 1.00,” as it appears in the first sentence.
Section 13. Amend
§1707 by adding a new subsection (j) to read as follows:
“(j)
For districts created pursuant to §1028 of this title the following shall
apply:
1)
For the purposes of determining the fiscal year 2007
equalization allocations, said districts shall have their fiscal year 2006
formula allocation recalculated without regard to §1924 and §1925 of this
title.
2)
Notwithstanding the provisions of subsection (b)(11) of
this section, districts shall be eligible to receive an effort index greater
than 1.00.
3)
Notwithstanding the provisions of subsection (c) of
this section, for fiscal year 2007 only, districts shall be entitled to receive
more than “105%” than their fiscal year
2006 allocation as calculated in (1) above.
4)
Notwithstanding the provision of subsection (c) of this
section, for fiscal year 2007 through and including fiscal year 2011, the state
share per unit shall not be less than 80% of the State share per unit in the
preceding fiscal year.”
5)
For Fiscal Years 2007 through 2011, the State share per
unit allocated to the Brandywine School
District and the Red
Clay Consolidated
School District shall be the
following fixed amounts or the newly adjusted equalization amount as annually
calculated, whichever is greater:
Brandywine Red
Clay
a.
Fiscal Year 2007 $5,254.00 $5,103.00
b.
Fiscal Year 2008 $4,923.00 $4,621.00
c.
Fiscal Year 2009 $4,592.00 $4,139.00
d.
Fiscal Year 2010 $4,261.00 $3,657.00
e.
Fiscal Year 2011 $3,928.00 $3,174.00
Section 15. Amend §1707 (d) by deleting said subsection
in its entirety and redesignating the remaining
subsections accordingly.
Section 16. There is hereby appropriated $4,100,000 to
the Department of Education for the purposes of calculating the equalization
formula under this section and subsequent allocation as included in the Fiscal
Year 2007 Annual Appropriations Act.
These funds shall be used to offset any losses districts may incur due
to the sunsetting of §1924 and §1925 of this title.
