Michigan HB4162 appropriates funds for K-12 school aid and other educational purposes for fiscal year 2025-2026.

Michigan HB4162 appropriates funds for K-12 school aid and other educational purposes for fiscal year 2025-2026. The bill allocates $17,769,551,300.00 from the state school aid fund, $78,830,600.00 from the general fund, and additional amounts from various funds including the community district education trust fund, school transportation fund, enrollment stabilization fund, and others. The bill specifies that any unexpended general fund allocations by the fiscal year's end are transferred to the school aid stabilization fund.

Michigan HB4162 appropriates funds for K-12 school aid and other educational purposes for fiscal year 2025-2026.

Michigan HB4162 appropriates funds for K-12 school aid and other educational purposes for fiscal year 2025-2026. The bill allocates $17,769,551,300.00 from the state school aid fund, $78,830,600.00 from the general fund, and additional amounts from various funds including the community district education trust fund, school transportation fund, enrollment stabilization fund, and others. The bill specifies that any unexpended general fund allocations by the fiscal year's end are transferred to the school aid stabilization fund.