Direct Aid to Public Education (197)
Request Title | School Construction Assistance Program (125 #9c) |
Biennium | 2024-2026 |
Budget Round | Amended Bill |
Half Sheet Number | 125 #9c |
Description
This amendment (i) increases the amount available for school construction assistance grants by $10.0 million the second year, recognizing additional available fiscal year 2025 casino gaming revenues; and (ii) eliminates the proposed transfer of $150.0 million from the Literary Fund to the School Construction Fund for construction assistance grants in the first year, ensuring sufficient Fund balances will be available for school construction loans or other allowable uses in the upcoming biennium. These actions provide $310.0 million for School Construction Assistance Grants over the biennium, an increase of $150.0 million from the adopted budget. |
Funding Details
By Program | Program Code | Program Title | FY 2024 | FY 2025 |
178 | State Education Assistance Programs | ($150,000,000) | $10,000,000 | |
By Fund | Fund Code | Fund Title | FY 2024 | FY 2025 |
07020 | Literary Fund | ($150,000,000) | $0 | |
09096 | School Construction Fund | $0 | $10,000,000 |
Authorized Position Details
By Program | Program Code | Program Title | FY 2024 | FY 2025 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-21-2025 09:53:51