Bill Text: VA SB128 | 2024 | Regular Session | Prefiled

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: Public schools; Standards of Quality funding calculations.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Introduced - Dead) 2024-02-08 - Incorporated by Finance and Appropriations [SB128 Detail]

Download: Virginia-2024-SB128-Prefiled.html

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24102208D
SENATE BILL NO. 128 Offered January 10, 2024 Prefiled January 5, 2024 A BILL to amend the Code of Virginia by adding a section numbered 22.1-98.3, relating to public school funding; certain calculations. ---------- Patron-- VanValkenburg ---------- Referred to Committee on Education and Health ----------

Be it enacted by the General Assembly of Virginia:

1. That the Code of Virginia is amended by adding a section numbered 22.1-98.3 as follows:

§22.1-98.3. Department; certain funding calculations.

A. When calculating the cost of salaries under the Standards of Quality funding formula, the Department shall include facilities staff and transportation staff salaries in the calculation of any cost of competing adjustment to salaries for instructional and support positions that is provided as part of the state share of basic aid pursuant to the general appropriation act.

B. When estimating the cost of any compensation supplement for instructional and support positions under the Standards of Quality funding formula, the Department shall include and estimate the cost of such a compensation supplement for facilities staff.

C. The Department shall not apply any cap on inflation rate adjustments to non-personal cost categories during the biennial process of rebenchmarking the direct aid to public education budget.

D. The Department shall utilize a three-year average of the most recently available data to calculate the composite index of local ability-to-pay for each school division.