COMMONWEALTH OF VIRGINIA
DEPARTMENT OF EDUCATION
P. O. BOX 2120
RICHMOND, VIRGINIA 23218-2120
SUPTS. MEMO. NO. 124
July 12, 1996

INFORMATIONAL

TO: Division Superintendents
FROM: Richard T. La Pointe
Superintendent of Public Instruction
SUBJECT: Special Basic Aid Payment for 1995-96

 
  Supts. Memo. No. 5 (Regulatory), dated May 29, 1996 advised
  you of changes to the 1995-96 Final Entitlements.  This
  change was necessary as the Governor did not sign House Bill
  29 due to some concerns surrounding the manner in which the
  bill was enrolled and presented to him by the General
  Assembly.  The Governor authorized a special payment in
  July, 1996 equal to the amount of Basic Aid and Enrollment
  Loss increase that would have been received under House Bill
  29 as a result of the reduced sales tax.  
  
  This memo is to notify you that the payment indicated in
  Supts. Memo No. 5 will be sent to school divisions on the
  July 31 EDI.  The payment will be identified on the
  notification letter under project code 70041, 1995-96 Basic
  Aid Payment.  This amount is to be accrued to the 1995-96
  year on the Annual School Report when submitted.
  
  If you have any questions concerning this payment, please
  call Mrs. June Eanes, Budget Director, at (804) 225-2060.
  
  RTL:je