Superintendent of Public Instruction - General Apportionment
| Average Annual FTEs | Near General Fund State | Other Funds | Total Funds | |
|---|---|---|---|---|
| (Dollars in Thousands) | ||||
| Current Budget | 0.0 | 20,065,322 | 281,079 | 20,346,401 |
| 2023-25 Maintenance Level | 0.0 | 21,899,231 | 0 | 21,899,231 |
| Difference from 2023-25 Original | 0.0 | 1,833,909 | (281,079) | 1,552,830 |
| % Change from 2023-25 Original | 0.0% | 9.1% | (100.0%) | 7.6% |
2023 Policy Comp Changes |
||||
| Pension and DRS Rate Change | 0.0 | (222,522) | 0 | (222,522) |
| Updated SEBB Rate | 0.0 | 2,412 | 0 | 2,412 |
| 2023 Policy Comp Changes Total | 0.0 | (220,110) | 0 | (220,110) |
| Total Policy Changes | 0.0 | (220,110) | 0 | (220,110) |
| 2023-25 Policy Level | 0.0 | 21,679,121 | 0 | 21,679,121 |
| Difference from 2021-23 | 0.0 | 1,613,799 | (281,079) | 1,332,720 |
| % Change from 2023-25 Original | 0.0% | 8.0% | (100.0%) | 6.6% |
Policy Changes
Pension and DRS Rate Change
An adjusmtment is made for pension contribution rates including to fund a benefit increase of 3%, up to a maximum of $110 per month for eligible Public Employees' and Teachers' Retirement Systems Plan 1 members, as well as savings that result from the termination of the Plan 1 unfunded liability rate. (WA Opportunity Pathways Account - State, General Fund - State)
Updated SEBB Rate
This item funds adjustments to the SEB rate at rates of $1105 per month in the first fiscal year and $1176 per month in the second fiscal year. (WA Opportunity Pathways Account - State, General Fund - State)
