Milwaukee Parental Choice Program Nonrefundable Fee Emergency Rule

FISCAL NOTE

A nonrefundable fee will be charged to private schools participating in the Milwaukee Parental Choice Program (MPCP) to cover the costs of employing one full-time auditor to evaluate the financial information submitted by the private schools under the program.

The fee charged (due November 1, 2009) to schools participating in the 2009-10 school year will be determined by dividing the cost of the full-time auditor position by the number of schools that submitted information required on September 1, 2009 (rounded to the nearest dollar). Assuming a full-time auditor would be hired by October 1, 2009, the cost of his or her employment for the first year (October 1, 2009 - June 30, 2010) would be approximately $111,400. Assuming 125 schools will be participating in the MPCP, the approximate fee to be charged would be $891 per school ($111,400 ÷ 125 = $891).

The fee charged (due February 1, 2010) to schools indicating an intent to participate in the 2010-11 school year will be determined by dividing the cost of the full-time auditor position by the number of schools that submitted information required on the previous October 1 (rounded to the nearest dollar). The cost of a full-time auditor for one year (July 1, 2010 - June 30, 2011) would be approximately $146,200. Assuming 125 schools will be participating in the MPCP, the approximate fee to be charged would be $1,170 per school ($146,200 ÷ 125 = $1,170).

Based on this amount, it is assumed the rules will have no significant economic impact on small businesses, as defined in s. 227.114 (1) (a), Stats.

These rules have no local fiscal effect.

For questions about this information, contact Loretta L. Slauson (608) 267-9127

Last updated on 9/16/2009 3:07:07 PM