Budget Amendment ID: FY2012-S3-59

LOC 59

Foundation Budget

Mr. Ross moved that the proposed new text be amended by inserting, in section 3, by inserting after the third paragraph, the following:-

“Notwithstanding any general or special law to the contrary, for fiscal year 2012 the total amounts to be distributed and paid to each city and town from item 7061-0008 of section 2 shall be at a minimum 17.5 percent of their Foundation Budget; provided further, that said funds distributed shall be represented in a separate column on the cherry sheet produced by the department of revenue.”