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1998 Session

Budget Amendments - SB30 (Conference Report)

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Group Life Ins. & VRS - Alternative Ed.

Item 138 #16c

Item 138 #16c

First Year - FY1999 Second Year - FY2000
Education: Elementary and Secondary
Direct Aid To Public Education FY1999 ($18,668) FY2000 ($19,662) GF

Language
Page 93, line 14, strike "$2,363,701,528" and insert "$2,363,682,860".
Page 93, line 14, strike "$2,411,157,990" and insert "$2,411,138,328".
Page 103, line 34, strike "4,232,102" and insert "4,213,434".
Page 103, line 35, strike "4,279,974" and insert "4,260,312".


Explanation
(This amendment captures personnel savings in the Alternative Education program resulting from not having to make group life insurance contributions to the Virginia Retirement System for public school employees during the 1998-2000 biennium. The amendment also captures personnel savings in the Alternative Education program attributable to retirement contributions to the Virginia Retirement System for this program in the 1998-2000 biennium.)