2014 Session

Budget Amendments - SB29 (Committee Approved)

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Revert OEI Administrative Transfer of Funds (language only)

Item 471.10 #1s

Item 471.10 #1s

Central Appropriations
Central Appropriations

Page 221, after line 2, insert:
"5. The Department of Planning and Budget shall revert $450,000 the second year from the Opportunity Educational Institution to the general fund."

(This amendment directs the reversion of the additional funding that had been transferred administratively to the Opportunity Educational Institution, despite not being approved by the General Assembly in the 2013 regular or reconvened sessions. The OEI is a new state entity vested with the powers and duties of a local school board intended to supervise and operate schools that have been denied accreditation for the previous two years in whatever manner its Board determines most likely to achieve full accreditation. The reverted dollars are reflected in the balances on the "front page" of the Appropriation Act. A companion amendment to Senate Bill 30 removes the direct appropriation of state general funds to the Opportunity Educational Institution and eliminates the Board and its functions.)