2004 Special Session I

Budget Amendments - HB5001 (Committee Approved)

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Intra-Agency Transfer of Available Balances (language only)

Item 146 #9h

Item 146 #9h

Education: Elementary and Secondary
Direct Aid To Public Education

Page 109, after line 2, insert:
"8. In the event that the appropriations in Items 144 through 152 are not sufficient to meet the entitlements payable to school divisions pursuant to the provisions of each item, the Department of Education is authorized to transfer any available funds between these items to address such insufficiencies.  If the total appropriations after such transfers remain insufficient to meet the entitlements of any program, the Department of Education is authorized to prorate such shortfall proportionately across all of the school divisions participating in the program where such shortfall occurred."

(This amendment provides the Department of Education the authority to transfer existing available surplus funds from one item to another for the required state's share of direct aid distributions to localities.)