Relating to the financial administration of the Department of Education; and declaring an emergency.

Appropriates moneys from General Fund to Department of Education for certain biennial expenses. Appropriates moneys from General Fund to department for distribution as grants-in-aid, for program costs and to purchase services. Limits certain biennial expenditures from fees, moneys or other revenues, including Miscellaneous Receipts, but excluding lottery funds and federal funds, collected or received by department. Limits biennial expenditures by department from certain federal funds. Limits biennial expenditures by department for payment of grants-in-aid, program costs and purchased services from certain federal funds received by department. Limits biennial expenditures by department for payment of grants-in-aid, program costs and purchased services from fees, moneys or other revenues, including Miscellaneous Receipts, but excluding lottery funds and federal funds, collected or received by department. Limits payment by department of expenses related to state education lottery bonds. Appropriates moneys from General Fund to department for debt service on Article XI-P of general obligation bonds. Appropriates moneys from General Fund to department for deposit in High School Graduation and College and Career Readiness Fund. Authorizes specified nonlimited expenditures. Declares emergency, effective July 1, 2017.