995112                                                     
GENERAL APPROPRIATIONS BILL                          Committee       Amendment
SB2500                                                  EDU              100


Senator(s): Jones
moved the following amendment:

Section: 02              EXPLANATION:

On Page: 020             If a distrct's entitlement to FEFP Sparsity Supplement
                         funding is limited by the wealth adjustment component
Spec App:  105           of the Sparsity Supplement calculation, the amendment
                         would allow that district to levy an additional
                         discretionary ad valorem tax to offset the loss of
                         state Sparsity Supplement funding

NET IMPACT ON:            Total Funds       General Revenue          Trust Funds
    Recurring -                    0                     0                    0 
Non-Recurring -                    0                     0                    0 
_________________________________________________________________________________

                                                  Positions & Amount   Positions & Amount
                                                      DELETE         INSERT

        EDUCATION, DEPARTMENT OF, AND 
        COMMISSIONER OF EDUCATION
        Public Schools, Division Of
        Program: State Grants/K-12 Programs - 
        FEFP  48250300

        In Section 02  On Page 020
105     Aid To Local Governments  050560
        Grants And Aids - Florida Educational                
        Finance Program  IOEB

Following the third paragraph of proviso following Specific 
Appropriation 105 on page 21, insert the following new sub-paragraph:

3)  In addition, those school districts that do not receive Sparsity
funds due to the application of the wealth adjustment factor, may levy a
supplemental discretionary millage that will generate an amount
equivalent to those funds lost through the application of the wealth
adjustment factor. Those funds shall not be included in the calculation
of the minimum guarantee.

Line item amendments are accepted as part of the amendatory process. However, due to the necessity of using computerized systems this may entail a different placement within a budget entity or the renumbering of the specific appropriation items.
995112 Log:0028 RDH/RDH 03/13/02 09:21:39 PM Senate Page: 1