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13 <br /> PASS THROUGH <br /> Economic & Financial Literacy $1,063,800 (NR) <br /> Funds for a grant to the NC Council on Economic Education for professional development to <br /> teachers. Supports the Economics and Personal Finance for high school graduation and program <br /> requirements required by SL 2019-82. <br /> Muddy Sneakers $500,000 (NR) <br /> Supports experiential learning programs for 5" graders. (increases 2018-19 funding by $100K) <br /> NC Stem Network $500,000 (NR) <br /> Vanguard Educational Institute $50,000 (NR) <br /> 7.71 Life Changing Experiences School Program $500,000 (NR) <br /> Contract with Children and Parent Resources Group. Specific LEAs named in the provision. <br /> Report by March 1, 2022 to JLEOC. <br /> 7.72 Innovative Signature Career Academy Pilot $2,000,000 (NR) <br /> Pilot implemented in Guilford County Schools to reform current CTE program. <br /> Report to JLEOC <br /> 7.81 ScholarPath $1,500,000 (NR) <br /> Of funds available PI shall contract with MyScholar, LLC to use the Scholarpath platform to <br /> create the Twelfth Grade Transition Pilot. <br /> Crosby Scholars $500,000(NR) <br /> Direct Grant to Crosby Scholars Community Partnership in Forsyth($300K), Rowan and Iredell <br /> ($100K each) to provide IHE scholarships for students for are eligible for Pell grants. Funded <br /> from State Fiscal Recovery Funds. <br /> BUDGET MANAGEMENT ITEMS <br /> The following items do not impact the allocations to public schools and are provided for DPI <br /> budget management: <br /> Average Salary Adjustment 62,076,000 (R) <br /> Average Daily Membership Adjustment $3,568,493 (R) <br /> Indirect Cost $1,404,000 (NR) <br /> SPSF Sales Tax (30,000,000) (R) <br /> SPSF Fines and Forfeitures $183,041,640 <br /> Financial&Business Services Page 10 of 12 Signed November 18, 2021 <br /> NC Department of Public Instruction <br />