Fiscal Note

HB 463 — Fiscal Note/Fee Impact

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Mentions of “Revenue” — 4 found

… district by the residential school rates for each district, this results in an estimated reduction of local school revenue of $9,600,780. The breakdown by school district is shown below. School District Revenue Loss by School District Appoq …

… ed reduction of local school revenue of $9,600,780. The breakdown by school district is shown below. School District Revenue Loss by School District Appoquinimink $931,279 Brandywine $1,665,687 Christina $2,592,325 Colonial $1,302,99 …

… 51 Smyrna (NCC Portion) $38,629 New Castle County VoTech $600,630 PolyTech (Smyrna Only) $2,888 Total School Revenue Loss $9,600,780 5. As reassessments occur every five years and were most recently completed in Fiscal Year 2025, the …

… l Year 2025, the same assessed value and school tax rates are assumed through Fiscal Year 2029. Cost: Local School Revenue Loss Fiscal Year 2027: $9,600,780 Fiscal Year 2028: $9,600,780 Fiscal Year 2029: $9,600,780 Prepared by Russell Ame …

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