Modifies the calculation of state aid for certain school districts
Second Read and Referred S Education Committee
Summary
The bill removes hold‑harmless state aid and Small Schools Grant payments for a list of small districts and requires a new "local effort" formula—based on 2024 property values and FY‑2025 revenue—to calculate foundation payments for other districts. It would take effect starting the 2026‑27 school year. The measure failed to advance beyond a second‑read referral to the Senate Education Committee.
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