995112 GENERAL APPROPRIATIONS BILL Committee Amendment SB2500 EDU 100 Senator(s):Jones moved the following amendment:Section: 02 EXPLANATION: On Page: 020 If a distrct's entitlement to FEFP Sparsity Supplement funding is limited by the wealth adjustment component Spec App: 105 of the Sparsity Supplement calculation, the amendment would allow that district to levy an additional discretionary ad valorem tax to offset the loss of state Sparsity Supplement funding NET IMPACT ON: Total Funds General Revenue Trust Funds Recurring - 0 0 0 Non-Recurring - 0 0 0 _________________________________________________________________________________ Positions & Amount Positions & Amount DELETE INSERT EDUCATION, DEPARTMENT OF, AND COMMISSIONER OF EDUCATION Public Schools, Division Of Program: State Grants/K-12 Programs - FEFP 48250300 In Section 02 On Page 020 105 Aid To Local Governments 050560 Grants And Aids - Florida Educational Finance Program IOEB Following the third paragraph of proviso following Specific Appropriation 105 on page 21, insert the following new sub-paragraph: 3) In addition, those school districts that do not receive Sparsity funds due to the application of the wealth adjustment factor, may levy a supplemental discretionary millage that will generate an amount equivalent to those funds lost through the application of the wealth adjustment factor. Those funds shall not be included in the calculation of the minimum guarantee.
Line item amendments are accepted as part of the amendatory process. However, due to the necessity of using computerized systems this may entail a different placement within a budget entity or the renumbering of the specific appropriation items. 995112 Log:0028 RDH/RDH 03/13/02 09:21:39 PM Senate Page: 1