SUPTS. MEMO. NO. 199
December 19, 1997
|FROM:||Richard T. La Pointe
Superintendent of Public Instruction
|SUBJECT:||1998-2000 Biennium Budget as Introduced|
Governor Allen's 1998-2000 biennium budget was presented today to a joint meeting of the Senate Finance Committee, the House Appropriations Committee, and the House Finance Committee. This budget will be considered by the 1998 Session of the General Assembly which is scheduled to convene on January 14, 1998, and adjourn on March 14, 1998. The recommendations made by the Governor include several new initiatives, as well as some technical updates to the Standards of Quality and other related accounts. The budget includes approximately $359.1 million to maintain the education programs required by the current Standards of Quality (SOQ) in 1998-2000. An additional $97.1 million is included in the budget to fund the state's share of a 2.25% teacher salary increase effective January 1 in each year of the biennium. In addition, more than $263.6 million was included to fund the state's commitment to various statutory and incentive-based programs, as requested by the Board of Education, and several new initiatives. The Governor's initiatives include: $36.5 million for teacher training in the Standards of Learning (SOL); $31.6 million for student remediation in the SOL; $22.9 million for 1000 additional elementary teachers; $31.7 million for the retiree health care credit; $25.1 million to purchase additional textbooks and instructional materials for teaching the SOL; an additional $23.3 million for teacher retirement to replace the use of the Literary Fund revenue; and $12.0 million to expand the SOL testing program and develop the School Report Card required by the new Standards of Accreditation. Attachment A provides information relating to the additional funding proposed in the Governor's Budget. Attachment B is a table showing the new funding that will be provided to school divisions. Also attached is a printout that reflects the estimated entitlements from the major SOQ and related accounts that your locality will receive in fiscal years 1998-99 and 1999-00. The per pupil amounts for several accounts listed differ from those in the Board of Education's proposed budget due to technical adjustments to the Group Life rate and inflation factors made in the Governor's proposed budget. It is important to remember that this information relates to the Governor's Budget as introduced. It is subject to change as the House of Delegates and the Senate prepare their versions of the budget. A final budget will be adopted by the General Assembly in mid-March, 1998; therefore, the estimated entitlements contained in this memorandum are projections only and are subject to change throughout the session. We will provide additional information during the process as changes occur. If you have questions, please call Daniel S. Timberlake, Assistant Superintendent for Finance, at (804) 225-2025, June F. Eanes, Budget Director, at (804) 225-2060, or Kent Dickey, Data Base Analyst, at (804) 225-2806. RTL:dst Attachments: A hard copy of this memo and its attachments will be sent to the superintendent's office.