152fc

    On page 1 of the printed bill, delete lines 5 to 11, inclusive, and insert:

"
    Section 1. That § 13-13-72 be amended to read as follows:

    13-13-72. It is the policy of the Legislature that the appropriation for the state aid to education foundation program increase on an annual basis by the percentage increase in local need on an aggregate statewide basis so that the relative proportion of local need paid by local effort and state aid shall remain constant. For school fiscal year 2012, it is the policy of the Legislature that the relative proportion of the total local need paid by state aid shall be amended by adjusting the proportion of state aid to fifty-three and eight-tenths percent of the total local need. However, the increase in the per student allocation on an annual basis that exceeds three percent shall be paid solely by the state and is not a factor in this policy.

    Section 2. That subdivision (4) of § 13-13-10.1 be amended to read as follows:

            (4)    "Per student allocation," for school fiscal year 2011 is $4,804.60 2012 is $4,494.28. Each school fiscal year thereafter, the per student allocation is the previous fiscal year's per student allocation increased by the index factor;

".

    On page 2, line 2, delete "forty-nine forty-eight" and insert "forty-nine".

    On page 2, line 7, delete "fifty-four and four tenths" and insert "and four tenths forty-seven and eight tenths".

    On page 2, line 12, delete "ninety-" and insert "ninety-".

    On page 2, line 13, delete "six ninety-five" and insert "six".