HJ 31

Abstract

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