create the community-based providers methodology supplement fund, create the target teacher salary supplement fund, and provide for the transfer of certain unobligated cash balances to the fund.

Summary

The bill sets up a Target Teacher Salary Supplement Fund and a Community‑Based Providers Methodology Supplement Fund, each run by the Department of Education and the Department of Human Services respectively. It directs a portion of prior‑year unobligated cash to these funds, with the remainder split between them and a general revenue placement fund. The purpose is to raise the state’s target teacher salary and increase payment rates for community‑based service providers.

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