Direct Aid to Public Education (197)
| Request Title | Direct Aid - Redirect Funds to Literary Fund for School Construction |
| Biennium | 2024-2026 |
| Budget Round | Initial Bill |
| Half Sheet Number | 125 #17c |
Description
|
This amendment eliminates a proposed $350.0 million one-time deposit in fiscal year 2025 to the VRS teacher retirement fund, saving $115.0 million from the general fund and $235.0 million from the literary fund. |
Funding Details
| By Program | Program Code | Program Title | FY 2024 | FY 2025 |
| 178 | State Education Assistance Programs | ($350,000,000) | $0 | |
| By Fund | Fund Code | Fund Title | FY 2024 | FY 2025 |
| 01000 | General Fund | ($115,000,000) | $0 | |
| 07020 | Literary Fund | ($235,000,000) | $0 |
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 07:04:57
