2012 Session

Budget Amendments - HB30 (Member Request)

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Chief Patron: Pogge
Add Inflation Factor Costs

Item 139 #18h

Item 139 #18h

First Year - FY2013 Second Year - FY2014
Education: Elementary and Secondary
Direct Aid To Public Education FY2013 $54,400,000 FY2014 $54,600,000 GF

Page 97, line 15, strike "$5,706,719,879" and insert "$5,761,119,879".
Page 97, line 15, strike "$5,754,856,472" and insert "$5,809,456,472".
Page 101, after line 50, insert:
"17. Not withstanding any other provision in statue or in this item, the Department of Education is directed to calculate the 2012-2014 rebenchmarking costs to include the use of a 3.96% inflation factor adjustment for calculating the non-personal support costs."

(This amendment provides $54.4 million the first year and $54.6 million the second year from the general fund to include the use of a 3.96 percent inflation factor adjustment for the non-personal cost update for the 2012-2014 rebenchmarking calculation.)