S.2879

Establishes the School Finance Reform Commission to study and recommend improvements in school budgeting, finance, and funding.

The bill establishes the School Finance Reform Commission to study and provide recommendations on improving school budgeting, finance, and funding. The commission will focus on school district property tax levies, the tax levy growth limitation, and the calculation of local share used in determining a district’s allocation of equalization aid. The commission will issue a report within one year of its organization, which will be posted on the Department of Education's website.