2005 Session

Budget Amendments - HB1500 (Committee Approved)

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Provide basic aid offset for the estimated sales tax collected in HB2762

Item 146 #7h

Item 146 #7h

First Year - FY2005 Second Year - FY2006
Education: Elementary and Secondary
Direct Aid To Public Education FY2005 $0 FY2006 ($130,651) GF

Page 133, line 35, strike "$3,223,517,215" and insert "$3,223,386,564".

(This amendment offsets basic aid and decreases the state's share payments to localities by $130,651 the second year as a result of a new legislation passed by the House in House Bill 2762. This is the corresponding offset in basic aid as a result of an additional $231,692 in sales tax being distributed to school divisions. There is a companion amendment in sales tax under Item 147.)