The bill passed on April 12, 2025, amends the appropriations of public funds from the State Fund, General Revenue, specifically for the State Board of Education and the State Department of Education for the fiscal year ending June 30, 2025. It increases the existing appropriation for the Hope Scholarship Program, which is now set at $28,400,666. This adjustment is made possible due to an unappropriated balance in the Treasury that is available for appropriation during the specified fiscal year.
The bill reflects the Governor's Executive Budget Document submitted to the Legislature, which outlined the financial status of the State Fund, General Revenue, including the cash balance and revenue estimates for fiscal year 2025. The increase in funding aims to support educational initiatives, particularly the Hope Scholarship Program, ensuring that necessary resources are allocated to enhance educational opportunities in West Virginia.