HB 2373 Summary

• Appropriates funds from the General Revenue Fund to the State Board of Career and Technology Education for the fiscal year ending June 30, 2011, with specific amounts to be determined ($0.00 as placeholder).

• Authorizes expenditure of funds from the Oklahoma Education Lottery Trust Fund for the State Board of Career and Technology Education during the same fiscal period.

• Establishes budget categories and allocations across five areas: Business/Industry/Adult Education, Local Schools Support, Statewide Services, Administration/Data Processing, and Inmate and Skills Centers.

• Sets the Director's salary and employee compensation authority with the Board, while limiting the salary amount to be specified, and establishes full-time-equivalent employee limitations.

• Provides grant amounts for vocational education teacher programs (minimum and maximum amounts to be specified) and allows funds to be budgeted for either FY-11 or FY-12 with specific encumbrance and lapse deadlines.