School buildings would have a fiscal year 2027 aid minimum based on prior aid and enrollment, while districts could shift more aid among school sites.
For fiscal year 2027, each school building would receive the greater of its regular calculated aid or a minimum tied to its fiscal year 2026 aid and enrollment.
A school district could direct up to 40 percent of its compensatory aid to school sites under a school board plan, for the listed purposes.
The commissioner of education would receive money for additional general education aid, but the bill text leaves the amount blank.
For fiscal year 2027, the commissioner would set each building’s compensatory aid at the greater of its regular calculated amount or its building minimum. This formula applies to each school building receiving compensatory education revenue. The regular amount includes any statewide increase required to bring the total to $857,152,000. This formula applies only to fiscal year 2027.
A school district could allocate up to 40 percent of the compensatory revenue it receives to school sites under a school board plan. This option applies to school districts allocating compensatory revenue among school sites. The plan must follow the listed purposes for compensatory revenue. The district may choose whether to use this option. This allocation rule applies only in fiscal years 2026, 2027, and 2028.
The commissioner of education would receive an appropriation from the general fund for additional general education aid. The appropriation is for the commissioner of education to provide additional general education aid. The bill text leaves the dollar amount blank, so it does not state how much money would be provided. The appropriation is for fiscal year 2027.
No hearings or votes scheduled.