2005 Session

Budget Amendments - SB700 (Conference Report)

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

Item 146 #4c

Item 146 #4c

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 reflects the offset to Basic Aid by decreasing the state's share of payments to localities by $130,651 from the general fund the second year as a result of passage of 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 Item 147.)