995140 GENERAL APPROPRIATIONS BILL Committee Amendment SB2500 EDU 27 Senator(s):Mitchell and Smith moved the following amendment:Section: 28 EXPLANATION: On Page: 353 Provides a loan to the Levy County School Board for partial costs associated with the replacement of the Spec App: school which burned at Cedar Key. NET IMPACT ON: Total Funds General Revenue Trust Funds Recurring - 0 0 0 Non-Recurring - 0 0 0 _________________________________________________________________________________ Positions & Amount Positions & Amount DELETE INSERT In Section 28 On Page 353 On page 353 in the back of the bill, insert a new section 28 as follows and renumber subsequent sections: Section 28. There is hereby appropriated $675,000 as a loan from the School Infrastructure Thrift Program account balance within the Department of Education to the School Board of Levy County for partial payment of the costs associated with the replacement of the Cedar Key school which burned. Release of these funds is contingent upon the Levy County School Board agreeing to repay the loan to the School Infrastructure Thrift Program account over a three year period at the rate of $225,000 per year beginning with the 2002-03 fiscal year.
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. 995140 Log:0084 EWW/EWW 03/13/02 09:21:39 PM Senate Page: 1