relative to the formula for distribution of aid to school districts.

Summary

The measure rewrites how the state reimburses school districts for special‑education services, paying 80% of verified costs each quarter and letting districts borrow against future payments. It also creates a risk‑pool system for unanticipated expenses, updates definitions, and repeals the existing extraordinary‑cost aid provision. The goal is to align funding with actual service costs and give districts more flexibility.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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