Amends GS 115C-562.8 to freeze the funding for the opportunity scholarship program at the 2018-19 funding levels. Makes a conforming deletion of GS 115C-562.2(b1), which provided that, beginning with the 2017-2018 school year, within the funds appropriated by the General Assembly to award scholarship grants to eligible students, the Authority may award scholarship grants to at least 2,000 more eligible students each school year than were served in the prior school year.
Requires that the funds appropriated to the UNC Board of Governors for the NC Opportunity Scholarship Grant Fund Reserve be decreased for 2019-20 by $10 million and for 2020-21 by $20 million. Funds resulting from these decreases are appropriated to the Department of Public Instruction (DPI) in recurring funds for each fiscal year of 2019-21 to be allocated to local school administrative units to hire additional school-based personnel.Requires DPI to report annually to the specified NCGA committee on the use of funds beginning March 15, 2020.
The above provisions are effective July 1, 2019.
Amends GS 115C-562.8 to transfer unexpended funds for the program to the Public School Building Capital Fund. Effective June 30, 2019.
Amends GS 115C-546.2 to require that if funds are transferred from the Opportunity Grant Fund Reserve to the Public School Building Capital Fund, the funds are to be allocated for school capital construction projects on a per average daily membership basis according to the average daily membership for the budget year. Effective July 1, 2019.
Bill Summaries: S583 REDUCE OPP. SCHOL. FUNDS/PUBLIC SCHOOLS FUNDS.
Bill S 583 (2019-2020)Summary date: Apr 5 2019 - View Summary