Direct Aid to Public Education (197)
Request Title | Direct Aid - Restore General Fund Payment in Lieu of Sales Tax |
Biennium | 2024-2026 |
Budget Round | Initial Bill |
Half Sheet Number | 125 #10c |
Description
This amendment provides $121.3 million the first year and $121.8 million the second year from the general fund to restore and reforecast the general fund payments provided in lieu of the K-12 dedicated sales tax on grocery and personal hygiene products that would have been collected had the tax not been eliminated effective January 1, 2023. The amount of these general fund payments is updated to $272.5 million the first year and $273.6 million in the second year. These payments reduce the state's share of basic aid by $151.1 million the first year and $151.7 million the second year. |
Funding Details
By Program | Program Code | Program Title | FY 2024 | FY 2025 |
178 | State Education Assistance Programs | $121,284,840 | $121,774,434 | |
By Fund | Fund Code | Fund Title | FY 2024 | FY 2025 |
01000 | General Fund | $121,284,840 | $121,774,434 |
Authorized Position Details
By Program | Program Code | Program Title | FY 2024 | FY 2025 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 11:12:58