2003 Session

Budget Amendments - SB700 (Committee Approved)

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Adjust Sales Tax Revenues

Item 148 #1s

Item 148 #1s

First Year - FY2003 Second Year - FY2004
Education: Elementary and Secondary
Direct Aid To Public Education FY2003 $0 FY2004 $5,289,036 GF

Page 159, line 8, strike "$1,195,910,149" and insert "$1,201,199,185".

(This amendment adjusts the estimate of the one-cent sales tax distribution to localities for education from $824.6 million to $829.1 million. This includes the expected impact from vendor registration, compliance, and amnesty initiatives. There is a companion amendment that provides the associated offsets in Basic Aid and Enrollment Loss in Item 147.)