HCS HB 1704 -- GRANTS FOR SMALL SCHOOLS (Wallace) COMMITTEE OF ORIGIN: Special Committee on Rural Community Development This substitute increases the overall appropriation amount for small school grants from $15 million to $20 million with $15 million being distributed to eligible districts in proportion to their average daily attendance. Beginning with Fiscal Year 2009, the substitute also allows schools that have an average daily attendance of 351 to 449 students to receive a flat amount per student that decreases proportionately as the average daily attendance increases. FISCAL NOTE: Estimated Cost on General Revenue Fund of $8,421,905 in FY 2009, FY 2010, and FY 2011. No impact on Other State Funds in FY 2009, FY 2010, and FY 2011.Copyright (c) Missouri House of Representatives