2002 Session

Budget Amendments - SB29 (Member Request)

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Chief Patron: Governor Warner
Literary Funds for Teacher Retirement.

Item 142 #1g

Item 142 #1g

First Year - FY2001 Second Year - FY2002
Education: Elementary and Secondary
Direct Aid To Public Education FY2001 $0 FY2002 ($53,000,000) GF
FY2001 $0 FY2002 $53,000,000 NGF

(This amendment uses additional Literary funds to offset the general fund support of teacher retirement. These funds are available because several school divisions decided not to use low interest loans to finance their school construction activities.)