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SF0046 • 2023

Community college funding-inflation adjustment.

AN ACT relating to community college funding; authorizing an exception budget request by the community college commission for an external cost adjustment to account for inflation as specified; requiring reporting; and providing for an effective date.

Education
Inactive

Wyoming marks this bill as inactive, which usually means it is no longer moving in the current session.

Sponsor
Education
Last action
2023-02-07
Official status
inactive
Effective date
3/1/2023

Plain English Breakdown

The official source material does not specify the exact amount of extra funding that may be requested or approved.

Community College Funding-inflation Adjustment

The bill allows the community college commission to request additional funding every two years starting in 2024 to account for inflation, with reporting requirements.

What This Bill Does

  • Allows the community college commission to ask for more money than usual if prices go up because of inflation.
  • Requires the commission to provide information on tuition and fee increases as well as local funding used by colleges when requesting additional funds.
  • Specifies that any extra funding must be distributed among all community colleges based on their needs.

Who It Names or Affects

  • Community college students who might see changes in tuition and fees.
  • The community college commission which will request more money if needed.
  • State lawmakers who decide whether to approve the extra funding requests.

Terms To Know

Inflation
When prices for goods and services go up over time, making things cost more.
External Cost Adjustment
Extra money requested to cover costs that have gone up because of inflation.

Limits and Unknowns

  • The bill did not pass in the current session and is marked as inactive.
  • It only applies if lawmakers approve the extra funding requests starting from July 1, 2024.
  • Details about how much more money might be needed are not specified.

Bill History

  1. 2023-02-07 Senate

    S:Died in Committee Returned Bill Pursuant to SR 5-4

  2. 2023-02-06 Senate

    S No report prior to CoW Cutoff

  3. 2023-01-18 Senate

    S04 - Education:Do Pass Failed 2-3-0-0-0

  4. 2023-01-10 Senate

    S Introduced and Referred to S04 - Education

  5. 2022-12-28 Senate

    S Received for Introduction

  6. 2022-12-09 LSO

    Bill Number Assigned

Current Bill Text

Read the full stored bill text 
23LSO-0239
2023
STATE OF WYOMING
23LSO-0239
Numbered
2.0

SENATE FILE NO. SF0046

Community college funding-inflation adjustment.

Sponsored by: Joint Education Interim Committee

A BILL

for

AN ACT relating to community college funding; authorizing an exception budget request by the community college commission for an external cost adjustment to account for inflation as specified; requiring reporting; and providing for an effective date.

Be It Enacted by the Legislature of the State of Wyoming:

Section 1
.

W.S. 21
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18
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203(a) and by creating a new subsection (g) is amended to read:

21
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18
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203.

Budget procedure.

(a)

In collaboration with the boards of the community colleges, the commission shall submit state appropriation requests on behalf of the community college system in compliance with the statewide community college system strategic plan. The standard budget request submitted by the commission for state aid to community colleges under W.S. 21
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18
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205 for the fiscal biennium commencing July 1, 2020 and every four years thereafter, shall be equal to the amount defined in W.S. 9
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2
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1002(a)(ix). A request for an enrollment adjustment to the standard budget for state aid to community colleges shall be submitted every four (4) years commencing in the fiscal biennium beginning July 1, 2018.

The enrollment adjustment shall be based solely upon the calculation under

subsection (e) of this section.
The commission may request state funding in an exception budget request as defined in W.S. 9
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2
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1002(a)(iv), for an external cost adjustment to account for inflation to the standard budget for state aid to community colleges. An external cost adjustment authorized under this subsection may be submitted every two (2) years commencing in the fiscal biennium beginning July 1, 2024, as provided in subsection (g) of this section.
The budget requests shall be made upon forms and in a format to be determined by the state budget department.

(g)

A request for an external cost adjustment under subsection (a) of this section shall reflect the effects of inflation, subject to the following:

(i)

The commission shall include necessary information and appropriate inflationary cost indices, to be specifically reviewed by the joint appropriations committee and the joint education interim committee, for the components of the fixed and variable operation costs of community colleges as reflected in commission rule and the periodic review required under W.S. 21
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18
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205(c), to support a request for an external cost adjustment;

(ii)

The commission shall identify prior and proposed student tuition increases by the commission, prior and proposed fee increases by the colleges and estimated local revenues utilized in the operation of the funding allocation model under W.S. 21
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18
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205(c);

(iii)

Any funding modification as determined by the state legislature for an external cost adjustment shall be distributed in proportion to the funding amounts determined in W.S. 21
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18
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205(c).

Section 2
.

This act is effective July 1, 2023
.

(END)

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SF0046