2015 Session

Budget Amendments - SB800 (Member Request)

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Chief Patron: Barker
VA Preschool Initiative-Increase State Share

Item 136 #10s

Item 136 #10s

First Year - FY2015 Second Year - FY2016
Education: Elementary and Secondary
Direct Aid To Public Education FY2015 $0 FY2016 $12,003,038 GF

Page 113, line 32, strike "$6,333,616,326" and insert "$6,345,619,364".
Page 137, line 3, after "composite index of local ability-to-pay" insert "shall be reduced for each school division by 0.1000 and".
Page 137, line 3, strike "0.5000" and insert "0.4000".

(This amendment provides funding to reduce the required local share for the Virginia Preschool Initative for at-risk four-year-olds by reducing the composite index of local ability-to-pay, which is used to determine the state and local shares, from the current levels by 0.1000. In addition, the current cap is reduced from 0.5000 to 0.4000.)