2001 Session

Budget Amendments - SB800 (Committee Approved)

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6.0% Teacher Salary Increase

Item 143 #8s

Item 143 #8s

First Year - FY2001 Second Year - FY2002
Education: Elementary and Secondary
Direct Aid To Public Education FY2001 $0 FY2002 $81,906,689 GF

Page 134, line 31, strike "$2,553,495,681" and insert "$2,635,402,370".
Page 143, line 21, after "equivalent to" insert "a 6.0 percent salary increase effective December 1, 2001 and".
Page 143, line 26, after "year" insert "and 6.0 percent the second year".
Page 143, strike lines 37 through 44.

(This amendment provides funding for a 6.0 percent teacher salary increase in the second year and eliminates language directing localities to use savings from the reduction in contribution rates authorized by the Virginia Retirement System to provide teacher salary increases and benefits in the second year.)