OCR Text |
Show - . J Fiscal Impact It is estimated that the tax credit provided by Initiative C would reduce revenue to public education by approximately $3.6 million funding unit stays at annually, if the amount of the $1,204. This estimate is based on the 1987 enrollment of students in recognized private elementary and secondary schools and assumes that the maximum credit of $602 would be claimed for each s a elementary student and the maximum credit of $722.40 would be claimed for each secondary student. It does not include the loss that may occur from students in home schools. If enough students leave the public schools, the amount of revenues needed to fund public education would be reduced. There is no way to reasonably estimate how many students would leave the public schools if Initiative C passes. on, ;ur ite :he advar ie do" leir sn to atte i that priii Is, so !' 3 there!' tion r esota :. n a sn i stum fuelh 983). nal sis ry self T .he he Fr sch lished inter Page 29 |