2010 Session

Budget Amendments - HB30 (Conference Report)

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Use 2010-12 Composite Index for FY 2011

Item 132 #7c

Item 132 #7c

First Year - FY2011 Second Year - FY2012
Education: Elementary and Secondary
Direct Aid To Public Education FY2011 $29,468,132 FY2012 $0 GF

Page 75, line 12, strike "$5,580,822,781" and insert "$5,610,290,913".
Page 78, strike lines 23 through 28.
Page 78, line 29, strike "3." and insert "2."
Page 78, line 32, strike "4." and insert "3."

(This amendment adds a net $29.5 million from the general fund the first year by using the 2010-12 Composite Index of Local Ability-to-Pay for all school divisions to calculate the state's share of Direct Aid to Public Education funding, rather than using the 2008-10 Composite Index for an additional year as proposed in the introduced budget. For fiscal year 2012, education funding is already based on the updated 2010-12 Composite Index in the introduced budget. In a companion amendment, funding is provided for a full "hold harmless" grant the first year and a 50 percent "hold harmless" grant the second year for those school divisions whose Composite Index increase from the 2008-10 biennium to the 2010-12 biennium.)