Details of Our Proposed State Budget as of April 5th, 2012

As a follow up to the April 10th blog posted by Bet Neale, listed below is a breakdown of the agreement items of HB 1300 and HB 1301. The following summarizes major items of agreement. As noted in the previous blog, salary increases are for state employees, but “local employees”, AKA public school teachers, administrators and staff, are not included in this category.

Public Education:

$214.7 million over the 2012-14 biennium is added for public education,
above the budget as introduced:

o $110.0 million in funding for additional assistance with retirement,
inflation and prekindergarten costs;

o $47.1 million to update funding for K-3 class size reduction and $6.8
million for a correction to career and technical education funding;

o $40.0 million to restore the Northern Virginia cost of competing
adjustment for support positions;

o $6.2 million for early intervention reading assistance in 3rd grade;

o $3.0 million for the Microsoft Information Technology Academies
initiative;

o $2.0 million for additional Virtual Virginia courses and sections.

$700,000 over the biennium for Project Discovery and Communities in
Schools.

Under Department of Emergency Services, $2.0 million for assistance with
earthquake damage to Louisa Schools.

General Government
3.0 percent employee bonus in December 2012, contingent on FY 2012
revenue surplus and unspent balances; 2.0 percent salary increase on
August 1, 2013, if revenue performance remains at the level currently
projected.