OFFICE OF LEGISLATIVE AUDITOR
Fiscal Note
Fiscal Note On: HB 56 HLS 23RS 352
Bill Text Version: ENROLLED
Opp. Chamb. Action:
Proposed Amd.:
Sub. Bill For.:
Date: June 6, 2023 5:30 PM Author: MOORE
Dept./Agy.: Monroe City School Board
Subject: Additional Ad Valorem Tax Analyst: Gary Devall
EARLY CHILDHOOD EN INCREASE LF RV See Note Page 1 of 1
Authorizes the Monroe City School Board to levy an ad valorem tax for the purpose of funding early childhood care and
education
Purpose of Bill: This bill allows the Monroe City School Board (School Board) to levy and collect up to 5 mills of additional
ad valorem taxes, pending voter approval, for a maximum of 20 years, to fund childcare and education for children in the
school district who have not yet entered kindergarten. If passed and an outside organization is selected to administer the
program, the organization must have been performing educational services in Ouachita Parish within the last twenty-five
years and must be offering community aid services at the time of the contract in an amount totaling one million dollars per
year.
EXPENDITURES 2023-24 2024-25 2025-26 2026-27 2027-28 5 -YEAR TOTAL
State Gen. Fd. $0 $0 $0 $0 $0 $0
Agy. Self-Gen. $0 $0 $0 $0 $0 $0
Ded./Other $0 $0 $0 $0 $0 $0
Federal Funds $0 $0 $0 $0 $0 $0
Local Funds INCREASE INCREASE INCREASE INCREASE INCREASE
Annual Total
REVENUES 2023-24 2024-25 2025-26 2026-27 2027-28 5 -YEAR TOTAL
State Gen. Fd. $0 $0 $0 $0 $0 $0
Agy. Self-Gen. $0 $0 $0 $0 $0 $0
Ded./Other $0 $0 $0 $0 $0 $0
Federal Funds $0 $0 $0 $0 $0 $0
Local Funds INCREASE INCREASE INCREASE INCREASE INCREASE
Annual Total SEE BELOW
EXPENDITURE EXPLANATION
This measure may increase local governmental expenditures by an indeterminable amount.
This bill requires the School Board to use the tax proceeds for childcare and education for children in the school district who
have not yet entered kindergarten. This may increase local expenditures by up to $2 million annually as the tax proceeds are
spent for this purpose. However, the exact amount and timing of the impact is dependent, in part, upon the amount of mills
approved by the voters, timing of the election, and timing and specifics of plans to be carried out by the School Board.
An official from the Louisiana Secretary of State's office indicated that the School Board’s portion of election costs could
range from $6,000 to $59,200 depending upon the timing of the election and the number of local items on the ballot.
REVENUE EXPLANATION
This measure may increase local governmental revenues by approximately $2 million annually, pending voter
approval.
Based on information from the School Board's 2022 audit report and the Ouachita Parish Assessor's Office, if a 5 mills ad
valorem tax is approved by voters, it may increase the School Board's revenue by approximately $2 million annually.
However, the exact amount and timing of the impact is dependent upon the amount of mills approved by the voters and the
timing of the election.
Senate Dual Referral Rules House
13.5.1 >= $100,000 Annual Fiscal Cost {S & H} 6.8(F)(1) >= $100,000 SGF Fiscal Cost {H & S}
Michael G. Battle
x 13.5.2 >= $500,000 Annual Tax or Fee 6.8(G) >= $500,000 Tax or Fee Increase
Change {S & H} or a Net Fee Decrease {S} Manager, Advisory Services