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Panel considers switching universal after‑school admin funding from $500,000 fixed amount to 5% of forecasted revenues
Summary
The committee reviewed E500.3, which would let the Agency of Education use up to 5% of annually forecasted revenues for administration of the universal after‑school and summer program instead of a fixed $500,000; members questioned whether the change materially alters appropriations and asked for revenue and fund‑balance clarification.
The Joint Fiscal Committee examined proposed statutory language (E500.3) allowing the Agency of Education to use up to 5% of annually forecasted revenues for administration of the universal after‑school and summer special fund in place of the existing $500,000 set‑aside.
Staff explained the amendment would change a fixed…
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