2009 Session

Budget Amendments - SB850 (Member Request)

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Chief Patron: Governor Kaine
Reduce the Virginia Preschool Initiative to Account for Nonparticipation

Item 140 #16g

Item 140 #16g

First Year - FY2009 Second Year - FY2010
Education: Elementary and Secondary
Direct Aid To Public Education FY2009 $0 FY2010 ($11,851,284) GF

Page 135, line 25, strike "$5,896,909,251" and insert "$5,885,057,967".
Page 137, line 11, strike "$548,494" and insert "$0".
Page 137, strike line 12.
Page 137, line 16, strike "$27,517,112" and insert "$15,665,828".
Page 137, line 50, strike "$0" and insert "$11,302,790".
Page 137, line 54, strike "80,612,446" and insert "$68,761,162".
Page 138, after line 10, insert, "Supplemental Basic Aid     $0      $548,494".
Page 163, line 46, strike "$80,612,446" and insert "$68,761,162".

(This amendment incorporates a nonparticipation amount of $11.8 million the second year from the Lottery Proceeds Fund, a non-general fund revenue source, to maintain the Virginia Preschool Initiative (VPI) at the level established by the 2008 General Assembly. The introduced budget assumes a 100 percent participation in the VPI program. The amendment also decreases the general fund by a like amount by shifting the Enrollment Loss funding of $11.3 million and the Supplemental Basic Aid Payment funding of $548,494 out of the general fund and into the Lottery Proceeds Fund. The $11.8 million in nonparticipation VPI savings is used to fund these two programs.)