2003 Session

Budget Amendments - HB1400 (Member Request)

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Chief Patron: Hall
Maintenance Supplement

Item 147 #12h

Item 147 #12h

First Year - FY2003 Second Year - FY2004
Education: Elementary and Secondary
Direct Aid To Public Education FY2003 $0 FY2004 $201,655 GF

Page 134, line 39, strike "$2,699,348,781" and insert "$2,699,550,436".
Page 135, after line 15, insert:
"Maintenance Supplement (17530)..........   $0                $201,655".
Page 159, after line 4, insert:
"19.  Maintenance Supplement
An additional state payment estimated at $201,655 the second year from the general fund shall be disbursed by the Department of Education to Richmond City Public Schools to support the state share of $15 per pupil in the second year in adjusted daily membership for ongoing maintenance needs or debt service payments.  These funds shall be matched by the local government, based on the composite index of local ability-to-pay."

(This amendment reinstates the Maintenance Supplement, eliminated in Chapter 899 of the Acts of Assembly of 2002, for Richmond City Public Schools.)