Page 1 of 1 LRC 2024-BR880-HB162
COMMONWEALTH OF KENTUCKY FISCAL NOTE STATEMENT
LEGISLATIVE RESEARCH COMMISSION
2024 REGULAR SESSION
MEASURE
2024 BR NUMBER 880 HOUSE BILL NUMBER 162
TITLE AN ACT relating to mathematics education.
SPONSOR Representative James Tipton
FISCAL SUMMARY
STATE FISCAL IMPACT: YES NO UNCERTAIN
OTHER FISCAL STATEMENT (S) THAT MAY APPLY: ACTUARIAL ANALYSIS
LOCAL MANDATE CORRECTIONS IMPACT HEALTH BENEFIT MANDATE
APPROPRIATION UNIT(S) IMPACTED: Learning and Results Services
FUND(S) IMPACTED: GENERAL ROAD FEDERAL RESTRICTED Kentucky
Numeracy Counts Fund
FISCAL
ESTIMATES
2023-2024 2024-2025 2025-2026 ANNUAL IMPACT AT
FULL
IMPLEMENTATION
REVENUES
EXPENDITURES $10,000,000 $10,000,000 $10,000,000
NET EFFECT ($10,000,000) ($10,000,000) ($10,000,000)
( ) indicates a decrease/negative
PURPOSE OF MEASURE: The purpose of the measure is to bolster mathematics education
for students in grades four through eight who are below, or at risk of falling below, a level of
proficient comprehension for their grade level.
FISCAL EXPLANATION : The measure requires several actions that would increase state
costs. The measure creates, but does not fund, the Kentucky Numeracy Counts Fund. The
Department of Education would use the fund to establish teacher professional learning academies
at an estimated cost of $5M per year, as well as create a mathematics teaching program at a cost
of roughly $3M per year. The Department would also be required to give districts high-quality
instructional resource grants to purchase mathematics resources at an estimated cost of $2M per
year. Increased costs to districts are not addressed in this fiscal note.
DATA SOURCE(S): LRC Staff, KDE Staff
PREPARER: David Talley NOTE NUMBER : 70 REVIEW: JB DATE: 2/22/2024