HB 1173 Summary

• Appropriates funds to the State Board of Education from multiple sources (General Revenue Fund, Education Reform Revolving Fund, Mineral Leasing Fund, Education Lottery Trust Fund) for fiscal year ending June 30, 2012, with specific dollar amounts to be determined.

• Allocates appropriated funds across numerous education programs including teacher retirement credit, staff development, alternative education, early intervention services, advanced placement incentives, mathematics laboratories, and administrative support functions.

• Requires funds for designated programs (Parent Training Program, Advanced Placement Incentives, Robotics Program) to be awarded on statewide competitive application basis.

• Transfers specified funds to dedicated revolving funds for School Consolidation Assistance, Teachers' Retirement System, and Charter Schools Incentive Fund.

• Establishes budgetary limitations and full-time-equivalent employee allocations for the State Department of Education, with requirements for performance measures and fiscal year budgeting procedures.