HB 2002 Summary

• Appropriates $5,358,454,271 total for the State Board of Education and Department of Elementary and Secondary Education for fiscal year July 1, 2012 through June 30, 2013, funded from General Revenue, Federal Funds, and other state sources.

• Distributes $3,318,915,528 to free public schools through the School Foundation Program, including $3,009,388,411 for the Foundation Formula, $99,797,713 for Transportation, and $144,660,376 for Early Childhood Special Education.

• Funds major programs including $275,000,000 for Special Education, $259,997,803 for School Food Services, $48,662,983 for Learning Services, and $43,318,953 for the First Steps Program.

• Transfers $2,048,196,531 from General Revenue Fund to State School Moneys Fund and $653,200,000 from General Revenue Fund to Outstanding Schools Trust Fund.

• Appropriates $56,176,486 for Vocational Rehabilitation, $26,000,000 for Vocational Education programs, and $59,348,890 for Instructional Improvement Grants under No Child Left Behind Act Title II.