View
42
Download
0
Category
Preview:
DESCRIPTION
February 1, 2011. Governor’s Proposed Budget. Continue Freeze of Foundation Aid Formula—Extend full phase-in to 2016-2017 Implement GEA GEA + Loss of ARRA=2.9% of School Budgets Statewide GEA based on wealth, student need, administrative efficiency, and residential property tax burden. - PowerPoint PPT Presentation
Citation preview
February 1, 2011
Continue Freeze of Foundation Aid Formula—Extend full phase-in to 2016-2017
Implement GEA GEA + Loss of ARRA=2.9% of School
Budgets Statewide GEA based on wealth, student need,
administrative efficiency, and residential property tax burden
Building Early Childhood Transportation High Cost
Total Reduction--$751,414 -13.52%
ARRA -$317,184 (used by Chatham for 1 time expenses)
Federal Jobs Bill -$265,481 (allocated in 2010-2011, spend in 2011-2012)
Creation of Mandate Relief Redesign Team
Will Report to Governor on March 1
Performance Improvement Awards
Management Efficiency Awards
$250 million each
Introduced by Senate
2% or CPI (currently 1.65%)
Language is the key item to be determined.
Recommended