School districts would use set tax levies and funding formulas

School boards would use stated maximum property-tax levies for their general and special education funds. The rules cover all school districts, including general-fund levies and a separate levy for special education costs. General-fund levies may be set below the maximum amounts. General-fund levy amounts must keep the stated proportions when levies are below the maximum. The valuations used must have a median assessment level equal to 85 percent of market value. Special education levy money may pay for qualifying special education costs and related assistive technology identified in a student's education plan. The stated maximum levies apply to taxes payable in 2027 and each year thereafter.

State education funding calculations would use the stated target teacher salary and disability-based student allocations. The provisions cover general education formulas and students assigned to six listed disability levels for special education funding. The target teacher salary is $63,700.69 for the school fiscal year beginning July 1, 2026. Each listed special education allocation rises in later school years by the index factor. The index factor is the annual consumer-price change or 3 percent, whichever is less. The formulas also use enrollment, teacher ratios, English learner counts, disability counts, and other specified amounts. The salary and disability allocations apply beginning with the school fiscal year that starts July 1, 2026, with indexed amounts in later school years.

State levy adjustments would aim to keep local tax support at the same share of statewide school funding need. The rule applies to adjustments in the general-fund levies listed in the referenced school funding provisions. If the levies are not adjusted to maintain that relationship, the target teacher salary would be reduced to maintain it. The relationship compares statewide local tax support with statewide local funding need. This rule applies in 2028 and each year after that.