Budget Amendment ID: FY2017-S4-113

LOC 113

RELIEF FOR SCHOOLS

Mr. Brady moved that the proposed new text be amended in section 2, in item 7061-0011, “ For a reserve to: (i) provide relief to school districts whose section 3 aid has been negatively impacted by a change in the low-income calculation of their foundation budget as defined by said section 3; provided, that eligible districts shall be those whose said section 3 aid would be greater as calculated under the guidelines of section 3 of chapter 46 of the acts of 2015; provided further, that the distribution of funds shall be determined by the department on a basis that addresses this shortfall; provided further, that funds distributed from this item shall be considered prior year aid for fiscal year 2018; and (ii) to provide no less than 250,000 for extraordinary relief as specified under clause (iii) in item 7061-0011 of chapter 46 of the acts of 2015; provided further, that funds distributed from this item for the purposes of clause (i) shall be considered prior year aid for fiscal year 2018; and provided further, that the department shall make not less than 80 percent of the funds available for awards on or before October 15, 2016……….$10,000,000”