2004 Session

Budget Amendments - SB30 (Committee Approved)

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VIA - JLARC Tier One

Item 146 #8s

Item 146 #8s

First Year - FY2005 Second Year - FY2006
Education: Elementary and Secondary
Direct Aid To Public Education FY2005 $22,814,336 FY2006 $23,095,322 GF

Page 105, line 15, strike "$2,920,427,133" and insert "$2,943,241,469".
Page 105, line 15, strike "$2,934,464,120" and insert "$2,957,559,442".
Page 113, strike lines 40 through 45.

(This amendment is one of a series related to the Virginia Investment Act. This amendment provides funding to continue the phase-in from 72.0 percent to 100.0 percent the restoration of certain support positions that had been dropped from the SOQ model in years past. In the 2002 session, the General Assembly phased this restoration in to 5.8 percent for FY 03 and 72.0 percent for FY 04. This action reflects a recommendation in Chapter II, or "Tier One," of the Joint Legislative Audit and Review Commission's 2002 Review of Elementary and Secondary School Funding.)