Menu
2016 Session

Budget Amendments - HB30 (Member Request)

View Budget Item
View Budget Item amendments

Chief Patron: Carr
Co-Patron(s): McQuinn
Supplemental Funding for Richmond City School Division due to an Increased LCI

Item 138 #24h

Item 138 #24h

First Year - FY2017 Second Year - FY2018
Education
Direct Aid to Public Education FY2017 $1,500,000 FY2018 $1,500,000 GF

Language
Page 106, line 5, strike "$27,391,970" and insert "$28,891,970".
Page 106, line 5, strike "$28,091,970" and insert "$29,591,970".

Page 111, after line 11, insert:

"Y.  Out of this appropriation, $1,500,000 the first year and $1,500,000 the second year from the general fund is allocated to Richmond City school division as supplemental funding to offset any loss in state funds  as a result of realizing an increase in the local composite index due to the 2016-18 rebenchmarking update process."



Explanation

(This amendment provides $1.5 million each year to Richmond City school division as supplemental funding due to the increase in the local composite index as a result of the 2016-18 rebenchmarking update process.)