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2020 Session

Budget Amendments - SB30 (Member Request)

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Chief Patron: Norment
LOV - State Aid to Local Libraries

Item 247 #2s

Item 247 #2s

First Year - FY2021 Second Year - FY2022
Education
The Library Of Virginia FY2021 $2,750,000 FY2022 $5,500,000 GF

Language
Page 238, line 10, strike "$17,233,584" and insert "$19,983,584".
Page 238, line 10, strike "$17,233,584" and insert "$22,733,584".

Page 238, after line 27, insert:

"E.  It is the objective of the Commonwealth to fully fund the state formula for state aid to local libraries.  The additional appropriations in the first and second years begin a four-year phase-in of full funding.  It is the objective of the General Assembly to complete the phase-in in fiscal year 2024."



Explanation

(This amendment provides $2.75 million GF in the first year and $5.5 million GF in the second year in additional state aid to local public libraries as the initial two installments of a four-year plan to fully fund the state library aid formula. The amendment also establishes it as an objective of the Commonwealth to complete the phase-in of full funding in fiscal year 2024. Current appropriations represent about 60 percent of, or about $11 million below, the amount required by the statutory formula.)