2004 Session

Budget Amendments - SB30 (Committee Approved)

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VIA - At-Risk Fours

Item 146 #3s

Item 146 #3s

First Year - FY2005 Second Year - FY2006
Education: Elementary and Secondary
Direct Aid To Public Education FY2005 $49,274,224 FY2006 $49,555,079 GF

Page 105, line 15, strike "$2,920,427,133" and insert "$2,969,701,357".
Page 105, line 15, strike "$2,934,464,120" and insert "$2,984,019,199".
Page 122, line 38, strike "unserved".
Page 122, strike line 39.
Page 122, line 55, strike "$5,400" and insert "$6,000".
Page 122, strike line 56 and insert "the at-risk four-year-olds in".
Page 123, strike lines 1 through 10.

(This amendment is one of a series related to the Virginia Investment Act. This amendment provides additional funding for the At-Risk Four-Year-Olds program, also known as the Virginia Preschool Initiative. Currently, funding is provided for the State's share of 60 percent of unserved at-risk four-year-olds at $5,400 per child. This amendment provides funding for the State's share of 100 percent of all at-risk four-year-olds at an updated amount of $6,000 per child, and reflects some offsetting assumed participation savings. This action reflects Recommendations 16, 17, and 18 of the Joint Legislative Audit and Review Commission's 2002 Review of Elementary and Secondary School Funding.)