Item 547.20 | First Year - FY1999 | Second Year - FY2000 |
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Reversion Clearing Account - Higher Education (22700) | -$7,213,339 | -$19,961,274 |
Fund Sources: | | |
General | FY1999 -$7,213,339 | FY2000 -$19,961,274 |
Authority: Discretionary Inclusion
The Director of the Department of Planning and Budget shall withhold from institutions of higher education appropriations amounts appropriated from the general fund for faculty salaries. These amounts, estimated at $7,213,339 the first year and $19,961,274 the second year, shall be transferred to this item. These savings shall fund the 1,400 new elementary teachers provided in Item 138 C.2.l. of this act.