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2005 Session

Budget Amendments - SB700 (Committee Approved)

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Reduce Turnaround Specialists Principals Credential Program

Item 137 #2s

Item 137 #2s

First Year - FY2005 Second Year - FY2006
Education: Elementary and Secondary
Education, Central Office Operations, Department of FY2005 ($49,110) FY2006 ($459,811) GF

Language
Page 121, line 19, strike "$43,557,470" and insert "$43,508,360".
Page 121, line 19, strike "$48,323,540" and insert "$47,863,729".
Page 121, after line 17, insert:
"E.  Out of this appropriation, $404,961 the first year and $160,150 the second year from the general fund is designated to support the state's portion of the contract for the turnaround specialist credential program.  In addition, nongeneral funds of $124,200 the first year and $43,200 the second year also support the contract.  Included in the amount for Item 144 of this Act is $306,720 the first year and $613,439 the second year from the general fund for salary incentives for 10 principals each year for a period of three years.".


Explanation
(This amendment reduces uncommitted reserve funding of $49,110 in the first year and reduces the proposed increase of $459,811 the second year for the turnaround specialist credential program contract. In the event that existing funds are not available, additional nongeneral funds do not become available, and/or the contract is not re-negotiated to a lower amount, a companion amendment in Item 144 authorizes the Department to transfer up to $459,811 for this purpose.)