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1998 Special Session I

Budget Bill - HB4001 (Introduced)

Direct Aid to Public Education

Item 150.10

Item 150.10

First Year - FY1999Second Year - FY2000
Financial Assistance for Public School Construction (19400)$4,500,000$24,669,866
Financial Assistance for Public School Facilities (19401)FY1999 $4,500,000FY2000 $24,669,866
Fund Sources: 
GeneralFY1999 $1,347,215FY2000 $21,191,944
Dedicated Special RevenueFY1999 $3,152,785FY2000 $3,477,922

Authority: Discretionary Inclusion


Out of this appropriation, $1,347,215 from the general fund and $3,152,785 from nongeneral funds in the first year and $21,191,944 from the general fund and $3,477,922 from nongeneral funds in the second year is designated for public school construction and renovation. The nongeneral fund amounts are to be transferred from the Literary Fund pursuant to Item 554 D. In addition to the amounts made available in this item, $50,500,000 from the general fund in the first year and $30,330,134 from the general fund in the second year shall be transferred from Item 554 to this item for purposes of providing financial assistance to localities for public school construction and renovation.