SB 2880 Summary

• Appropriates $2,083,455,798.00 from the State General Fund to the State Board of Education for the Mississippi Adequate Education Program for fiscal year 2013 (July 1, 2012 - June 30, 2013).

• Appropriates an additional $257,822,038.00 from special state funds, with $207,822,038.00 specifically derived from the Education Enhancement Fund.

• Sets the base student cost for fiscal year 2013 at $5,017.94 and requires 100% funding of the base student cost.

• Establishes performance targets for the Adequate Education Program including 86.60% of students scoring basic and above on curriculum tests, 94.30% passing the History test, 72.00% passing Biology, and 76.00% passing Algebra.

• Authorizes school districts to pay health insurance premiums for retired school bus drivers using local funds, with no state funds to be used for this purpose.