2004 Session

Budget Amendments - SB30 (Committee Approved)

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No Loss

Item 146 #10s

Item 146 #10s

First Year - FY2005 Second Year - FY2006
Education: Elementary and Secondary
Direct Aid To Public Education FY2005 ($1,466,336) FY2006 ($2,241,415) GF

Page 105, line 15, strike "$2,920,427,133" and insert "$2,918,960,797".
Page 105, line 15, strike "$2,934,464,120" and insert "$2,932,222,705".
Page 115, strike lines 8 through 25.

(This amendment eliminates the new No Loss Payments amounts. The payments included in the budget as introduced were intended to ensure that no school divisions would receive fewer dollars in FY 2005 or FY 2006 than in FY 2004 whether due to changes in enrollment or composite index across all programs. Given the increased funding associated with the Virginia Investment Act, this is no longer necessary.)