Review and approval of the legal content and form of a fiscal note summary prepared for an initiative petition submitted by Stacy Shore amending Article IX of the Missouri Constitution, version 1 (16-026).

CHRIS KOSTER ATTORNRYGENF.RAI ATTORNEY GENERAL O.F M I SSOURI ,J EFFERSO N CITY G5102 March 12, 2015 P.O.Box899 (573) 751-3321 OPINION LETTER NO. 28-2015 The Honorable John Watson Missouri State Auditor State Capitol, Room 121 Jefferson City, MO 65101 Dear Auditor Watson: This office received your letter of March 2, 2015, submitting a fiscal note and fiscal note summary prepared under § 116.175, RSMo, for an initiative petition submitted by Stacy Shore, version 1 (16-026). The fiscal note summary that you submitted is as follows: The proposal could risk the state's eligibility to receive federal education funds of approximately $800 million annually. Increased annual costs for schools operated by a state agency are estimated at approximately $6 million. Local schools would be impacted by any lost federal funding. Under § 116.175.4, RSMo, we approve the legal content and form of the fiscal note summary. Because our review of the fiscal note summary is mandated by statute, no action that we take with respect to such review should be construed as an endorsement of the initiative petition or as the expression of any view regarding the objectives of its proponents. &r:Ztr~-- Attorney General OP-2016-0033 www.ago.mo.gov