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SUMMARY OF FY 2017-19 APPROPRIATIONS ACT <br /> SB 257 (S.L. 2017-57) <br /> Includes provisions of Budget Technical Correction Bill (HB 528) <br /> Money Report <br /> K-12 <br /> PUBLIC EDUCATION FY 17-18 FY 18-19 <br /> Base Budget $8,739,220,986 $8,723,720,986 <br /> Public School Enrollment Growth Not <br /> Included <br /> A. Reserve for Salaries & <br /> Benefits <br /> Teachers/Instructional Support Personnel $101,732,591 R $372,639,349 R <br /> Compensation <br /> -9.6%Avg Increase Across Biennium <br /> -3.3%Avg Increase in 2017-18 <br /> - Step Increases <br /> -$300 increase at step 25 and above <br /> Veteran Teacher Bonuses $5,000,000 NR $5,000,000 NR <br /> $385 one-time bonus for teachers at years <br /> 25+on salary schedule <br /> Teacher Bonus Programs *Per a provision in the 2016 $14,900,000 R <br /> budget,funding for 2017-18 <br /> was automatically built into <br /> the base budget for 2017-18. <br /> Makes 3'grade reading,AP/IB/CTE That appropriation is $15.5 <br /> teacher bonus pilot programs permanent million. <br /> New Teacher Bonus Programs: $25,341,188 NR <br /> Grades 4-8 Math <br /> Grades 4-5 Reading <br /> Accelerated Salary Schedule Placement for $700,000 R $700,000 R <br /> Teachers Meeting Certain Qualifications <br /> School-Based Admin Compensation $35,364,775 R $40,587,664 R <br /> New Salary Schedule for Principals(tied to <br /> schoolwide growth) <br /> New Bonus Programs for Principals <br /> Salary Increases for Asst.Principals <br /> 4 <br />