COMMONWEALTH OF VIRGINIA
DEPARTMENT OF EDUCATION
P.O. BOX 2120
RICHMOND, VIRGINIA 23218-2120
SUPTS. MEMO NO. 26
February 22, 2002
INFORMATIONAL
|
TO: |
Division Superintendents |
|
FROM: |
Jo Lynne DeMary Superintendent of Public Instruction |
|
SUBJECT: |
Changes to the Fiscal Year 2002 and the 2002-2004 Biennial
Budgets Proposed by the Senate and the House of Delegates |
On
Sunday, February 17, 2002, the Senate Finance and House Appropriations Committees
adopted changes to the 2002-2004 biennial budget as introduced by former
Governor Gilmore (reference Informational Superintendent's Memorandum No. 187,
dated December 21, 2001) as well as changes to the amended fiscal year 2002
budget proposed by Governor Gilmore (reference Informational Superintendent's
Memorandum No. 186, dated December 21, 2001).
The committees proposed changes were adopted this week by the full
membership of the House of Delegates and the Senate. The adopted changes affect
fiscal years 2002, 2003, and 2004.
Fiscal year 2002 began on July 1, 2001, and ends on June 30, 2002. Fiscal year 2003 begins on July 1, 2002, and
ends on June 30, 2003. Fiscal year 2004
begins on July 1, 2003, and ends on June 30, 2004.
The introduced budget for the 2002-2004 biennium (HB/SB
30) and the amended fiscal
year 2002 budget (HB/SB 29) are
the budgets against which the House of Delegates and the Senate made
changes. The attachments to this
memorandum provide information on the changes adopted by the House and the
Senate. Unless changes are specifically
noted in the attachments, Governor Gilmores proposals contained in the
introduced versions of HB/SB 29 and HB/SB 30 were adopted. Alternatively, Governor Warners proposed
amendments must be adopted specifically by the House of Delegates and the
Senate to be included in the budget.
The attachments to this memorandum include:
Attachment A A summary of changes proposed by the Senate and the House of Delegates to Governor Gilmores amended fiscal year 2002 budget (HB/SB 29) and his 2002-2004 introduced budget (HB/SB 30).
Attachment
H A summary of Senate Bill 170, which would provide for a half percent
sales and use tax increase statewide to be distributed to localities for public
education. The tax increase would become
effective on July 1, 2003, subject to approval by a statewide voter referendum.
Please
note that the funding entitlements adopted by the House of Delegates and the
Senate that are contained in Attachments B through E are based on the
departments latest projections of average daily membership (ADM) for each
school division. If you wish to see the
effects of a different ADM for your school division, please use the calculation
tool described in the following paragraph.
In addition to the above attachments, four downloadable Excel files were created to assist divisions in calculating projected state entitlements and required local matches for the Direct Aid to Public Education accounts. Attachment F to this memorandum provides detailed instructions for accessing these Excel files. The four Excel files calculate school division funding based on the Senate and House budget proposals for fiscal year 2002 and for fiscal years 2003 and 2004. The files allow you to use the departments or your own projections of ADM in calculating state entitlements and local matches. If you believe that you have a more accurate projection of your divisions ADM, please use it for projecting your entitlements.
The Excel files are located on the departments website and may be downloaded from the following address:
http://www.pen.k12.va.us/VDOE/Finance/Budget/calctools.html
Please
note that the recommendations proposed by the House of Delegates and the Senate
are not final. A Conference Committee
will make final recommendations after differences between the House and Senate
budget proposals have been resolved.
The Conference Committee's recommendations will be presented to each
chamber in early March for consideration and final adoption.
Final
action by each chamber will occur before adjournment of the 2002 Session, which
is scheduled for March 9, 2002. After
final actions have been taken, the department will provide you with additional
information concerning the budget in a regulatory superintendents memorandum. After adjournment, the budgets will be
presented to the Governor. The Governor
will have several options that include signing each budget with no changes,
returning each budget to the General Assembly with vetoes, returning each
budget to the General Assembly with amendments, or returning each budget to the
General Assembly with some combination of vetoes and amendments. The General Assembly will consider any
vetoes or amendments at their reconvened veto session scheduled for April 17,
2002.
If
you have any questions, or need additional information, please contact Daniel
S. Timberlake, assistant superintendent for finance, or budget office staff
at
(804) 225-2025.
/administrators/superintendents_memos/2002/inf026a.pdf
/administrators/superintendents_memos/2002/inf026b.pdf
/administrators/superintendents_memos/2002/inf026c.pdf
/administrators/superintendents_memos/2002/inf026d.pdf
/administrators/superintendents_memos/2002/inf026e.pdf
/administrators/superintendents_memos/2002/inf026f.pdf
/administrators/superintendents_memos/2002/inf026g.pdf
/administrators/superintendents_memos/2002/inf026h.pdf
JLD/kcd
Attachments