Iowa HF810 modifies the criteria for supplemental aid for school districts with high open enrollments.

Iowa HF810 amends the criteria for granting supplemental aid or a modified supplemental amount to school districts with high open enrollments. The bill removes the restriction that a district must have a budget year beginning July 1, 2024, to be eligible for such aid. It also modifies the calculation for the supplemental amount, ensuring that if a district is granted a modified supplemental amount for a budget year beginning on or after July 1, 2025, its combined property tax rate for the succeeding budget year cannot exceed the rate for the year the modified supplemental amount was granted.

Iowa HF810 modifies the criteria for supplemental aid for school districts with high open enrollments.

Iowa HF810 amends the criteria for granting supplemental aid or a modified supplemental amount to school districts with high open enrollments. The bill removes the restriction that a district must have a budget year beginning July 1, 2024, to be eligible for such aid. It also modifies the calculation for the supplemental amount, ensuring that if a district is granted a modified supplemental amount for a budget year beginning on or after July 1, 2025, its combined property tax rate for the succeeding budget year cannot exceed the rate for the year the modified supplemental amount was granted.