Iowa SF2201 establishes state and categorical percents of growth for school funding, modifies property tax replacement payments, and adjusts school.

Iowa SF2201 sets the state percent of growth at 1.75% for the budget year beginning July 1, 2026, and establishes a categorical state percent of growth for various funding supplements. It modifies property tax replacement payments by calculating them based on the school district's weighted enrollment and the per pupil property tax replacement amount. The bill also adjusts school district enrollment by setting the basic enrollment as the greater of the actual enrollment for the base year or the adjusted enrollment.

Iowa SF2201 establishes state and categorical percents of growth for school funding, modifies property tax replacement payments, and adjusts school.

Iowa SF2201 sets the state percent of growth at 1.75% for the budget year beginning July 1, 2026, and establishes a categorical state percent of growth for various funding supplements. It modifies property tax replacement payments by calculating them based on the school district's weighted enrollment and the per pupil property tax replacement amount. The bill also adjusts school district enrollment by setting the basic enrollment as the greater of the actual enrollment for the base year or the adjusted enrollment.