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2000 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Couric
Albemarle County Composite Index Change (language only)

Item 133 #1s

Item 133 #1s

Education: Elementary and Secondary
Education, Central Office Operations, Department of

Language
Page 91, after line 19, insert:
"Q.  The Superintendent of Public Instruction shall develop a method of calculating the composite index of ability-to-pay in order to account for the impact of revenue sharing agreements in jurisdictions having populations of over 75,000 and shall use that methodology to distribute funding to school divisions in each year of the 2000-2002 biennium."


Explanation
(This amendment directs the Superintendent of Public Instruction to develop a way of calculating the composite index of ability-to-pay to account for the impact of revenue sharing agreements in jurisdictions having populations over 75,000 and further directs that this method be used in distributing FY 2001 and FY 2002 direct aid payments.)