2005 Session

Budget Amendments - SB700 (Member Request)

View Budget Item
View Budget Item amendments

Chief Patron: Puckett
5% Teacher Salary Increase, Nat'l. Avg. Policy

Item 146 #2s

Item 146 #2s

First Year - FY2005 Second Year - FY2006
Education: Elementary and Secondary
Direct Aid To Public Education FY2005 $0 FY2006 $36,416,187 GF

Page 133, line 35, strike "$3,223,517,215" and insert "$3,259,933,402".
Page 144, line 19, strike "$54,828,112" and insert "$91,244,299".
Page 144, line 24, strike "3.0 percent" and insert "5.0 percent".
Page 144, line 27, strike "3.0" and insert "5.0".
Page 144, after line 39, insert "l. It is the policy of the Commonwealth of Virginia and the General Assembly to bring Virginia's public school teachers' average salaries up to the national average."

(This amendment adds $36.4 million the second year to fund the state's share of a salary increase, including the associated fringe benefit costs, equivalent to 5.0 percent for public school employees funded through the SOQ and other state-funded accounts effective December 1, 2005. This reflects the incremental cost above the $54.8 million in the introduced budget for a salary increase equivalent to 3.0 percent. The amendment also adds language stating that achieving the national average teacher salary is the State's policy goal for Virginia. As of the 2003-04 school year, the average teacher salary in Virginia was 6.2 percent below the national average of $46,826. For the 2004-05 school year, it is estimated based on local budget actions that the average teacher salary in Virginia will increase 4.8 percent. It is not yet known how much the national average is expected to increase.)