1997 Session

Budget Amendments - SB700 (Conference Report)

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Teacher Salaries

Item 140 #11c

Item 140 #11c

First Year - FY1997 Second Year - FY1998
Education: Elementary and Secondary
Direct Aid To Public Education FY1997 $0 FY1998 $19,689,844 GF

Page 103, line 11, strike "$2,132,471,897" and insert "$2,152,161,741".
Page 110, line 24, strike "2.00%" and insert "4.00%".
Page 110, line 29, strike "2%" and insert "4.00%".
Page 110, line 33, after "1," insert "1)".
Page 110, line 35, after "provided" insert:
"; or, 2)  the school division will begin paying the employee's share of contributions to the Virginia Retirement System in that fiscal year as a new benefit that had not been available to teachers in prior years".

(This amendment provides an increase in the Teacher Salary Incentive Program sufficient to fund the state share of a 4.0 percent teacher salary increase statewide in fiscal year 1998.)