Budget Amendment ID: FY2014-S3-395

EDU 395

Foundation Reserve One Time Assistance

Mr. DiDomenico moved that the proposed new text be amended in section 2, in item 7061-0011, by inserting after the word “application” the following:- “; provided further, that not less than $1,000,000 shall be expended to mitigate costs for districts that (i) experience foundation enrollment growth of greater than 325 pupils from fiscal year 2013 to fiscal year 2014; and (ii) whose chapter 70 as a percentage of total foundation budget is less than the district’s target aid percentage”; and by striking out the figure “1,000,000” and inserting in place thereof “$2,000,000”