Direct Aid to Public Education (197)
| Request Title | Adjust funding for retirement and other post-employment benefits |
| Biennium | 2020-2022 |
| Budget Round | Initial Bill |
| Category | Mandates |
| Region | None |
Description
|
Adjusts funding to reflect changes in the employer contribution rates for teacher retirement from 15.68 percent to 16.62 percent, retiree health care credit from 1.20 percent to to 1.21 percent, and group life insurance from 0.52 percent to 0.54 percent. |
Funding Summary
| Object Type | FY 2020 | FY 2021 | |
| General Fund Dollars | $32,202,674 | $32,430,626 | |
| Nongeneral Fund Dollars | $0 | $0 | |
| General Fund Positions | 0.00 | 0.00 | |
| Nongeneral Positions | 0.00 | 0.00 | |
| General Fund Transfers | $0 | $0 | |
| General Fund Revenue | $0 | $0 | |
| Layoffs | $0 | $0 | |
| Additions to Balance | $0 | $0 |
Funding Details
| By Program | Program Code | Program Title | FY 2020 | FY 2021 |
| 178 | State Education Assistance Programs | $32,202,674 | $32,430,626 | |
| By Fund | Fund Code | Fund Title | FY 2020 | FY 2021 |
| 01000 | General Fund | $32,202,674 | $32,430,626 |
Authorized Position Details
| By Program | Program Code | Program Title | FY 2020 | FY 2021 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 19:15:03
