2010 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Albo
Co-Patron(s): Bulova, Comstock, Gilbert, Greason, Herring, Johnson, Keam, Kory, LeMunyon, Lingamfelter, Peace, Sickles, Surovell, Watts
Fund Composite Index in FY2011

Item 132 #19h

Item 132 #19h

First Year - FY2011 Second Year - FY2012
Education: Elementary and Secondary
Direct Aid To Public Education FY2011 $29,500,000 FY2012 $0 GF

Page 75, line 12, strike "$5,580,822,781" and insert "$5,610,322,781".
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 provides $29.5 million the first year from the general fund to fund the composite index update cost. As a result of this amendment, from the Governor's proposed budget, 97 localities will lose state funding and 32 localities will gain state funding in the first year. From the last biennial rebenchmarking process regarding the composite index update, 44 localities lost state funding and 84 localities gained.)