HB0001H3025

This amendment increases the School Foundation Program appropriation by $13.8 million from the school foundation program account and modifies external cost adjustment percentages for school funding model components for fiscal year 2025-2026.

• Increases the OTHER FUNDS appropriation for the School Foundation Program by $13,800,000 from the S5 (school foundation program account) fund. (Page 62, lines 17)Agency: Department of Education · $13,800,000 S5 (School Foundation Program Account)
• Changes the external cost adjustment for the 'professional labor' category from four percent to two percent (2.0%) for school year 2025-2026. (Page 64, lines 10-11)Agency: Department of Education · $0 S5 (School Foundation Program Account)
• Changes the external cost adjustment for the 'nonprofessional labor' category from four and 761/1000 percent (4.761%) to nine and 41/100 percent (9.41%) for school year 2025-2026. (Page 64, lines 16)Agency: Department of Education · $0 S5 (School Foundation Program Account)
• Changes the external cost adjustment for the teacher salaries component from six and 78/100 percent (6.78%) to nine and 41/100 percent (9.41%) for school year 2025-2026. (Page 65, lines 7-15)Agency: Department of Education · $0 S5 (School Foundation Program Account)

AI-generated summary · Verify against the amendment text (PDF) · Notice a problem? Let us know