2003 Session

Budget Amendments - HB1400 (Member Request)

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Chief Patron: Amundson
Annual Rebenchmarking of the SOQ

Item 147 #24h

Item 147 #24h

First Year - FY2003 Second Year - FY2004
Education: Elementary and Secondary
Direct Aid To Public Education FY2003 $0 FY2004 $103,845,695 GF

Page 134, line 39, strike "$2,699,348,781" and insert "$2,803,194,476".
Page 143, after line 37, insert:
"k.  The appropriations for Basic Aid include an additional payment of $103,845,695 the second year from the general fund to add a year of inflation and actual salary movement as a proxy for annual rebenchmarking."

(This amendment would provide an estimated payment based on a proxy for what the cost of annual rebenchmarking would add to the Standards of Quality.)