Be it enacted by the General Assembly of the State of Delaware:
Section 1. The Delaware State Board of Education shall revise the salary schedules contained in §1305, §1308, §1309, §1310, §1322 and §1324, Chapter 13, Title 14 of the Delaware Code to reflect an eight percent (8%) salary increase, and except for §1322(c), the increase shall be rounded to the nearest whole dollar. Any increase under §1322(c) shall be raised to the nearest cent. The schedules affected by this Act shall be published by the Delaware State Board of Education and referred to the Legislative Council of the State of Delaware and the Revised Code Commission for inclusion in the Delaware Code and other legal publications.
Section 2. Section 1 of this Act shall be effective on January 1, 1975. Salary increases provided by this Act shall be passed in full to each employee whose salary is authorized by this Chapter and in compliance with any local school district negotiated contracts.
Section 3. In order to carry out the provisions of this Act an amount of $4,291,642.00 is appropriated to the Educational Contingency Fund for payment of salaries and employees' benefits. Such amount shall be paid by the State Treasurer out of funds in the General Fund of the State of Delaware not otherwise appropriated. Any monies appropriated herein which are unexpended or unencumbered on June 30, 1975, shall revert to the General Fund.