995034                                                     
Committee
EA
Amendment
8
Florida Senate - 2010 SB7090 The Committee on Ways and Means (Garcia) recommended the following LATE FILED amendment:
Section: 02
On Page: 038

Spec App: 123
EXPLANATION:
Provides $100,000 for a study of the Florida
Education Finance Program by reducing State Board of
Education expenses.
NET IMPACT ON: Total Funds General Revenue Trust Funds Recurring - 0 0 0 Non-Recurring - 0 0 0 ______________________________________________________________________________________ Positions & Amounts Positions & Amounts DELETE INSERT EDUCATION, DEPARTMENT OF State Board Of Education 48800000 In Section 02 On Page 038 123 Special Categories 100777 Contracted Services IOEA 1000 From General Revenue Fund 636,327 736,327 CA 100,000 FSI1 100,000 Following Specific Appropriation 123, INSERT: From the funds provided in Specific Appropriation 123, the department shall contract with an entity located outside of the state of Florida at a maximum cost of $100,000 to study the Florida Education Finance Program. The study shall review the current funding distribution formula for the sole purpose of recommending any improvements to the existing formula that would better reflect the varying characteristics of each of the 67 school districts and their respective overall student populations, assessing the equity of the current formula in this regard. The department shall submit the results of the study to the President of the Senate and the Speaker of the House of Representatives and the Executive Office of the Governor no later than January 1, 2011. In Section 02 On Page 037 118 Expenses 040000 IOEA 995034 Log:0047 KWH/KWH 03/24/10 06:12:36 PM Senate Page: 1
1000 From General Revenue Fund 2,964,631 2,864,631 CA -100,000 FSI1 -100,000
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. Items printed in italics are computer codes and are not a part of the official text of this amendment.
995034 Log:0047 KWH/KWH 03/24/10 06:12:36 PM Senate Page: 2