Adjusts school district general fund carryover rules and State Aid calculations.
Modifies the rules for school district general fund carryover and State Aid calculations. It updates the formula for calculating per pupil revenue, exempts certain districts from general fund balance penalties, and allows carryover of gross production revenue apportionment under specific conditions. The bill also provides exceptions to the general fund balance penalty for districts participating in consolidation or annexation, receiving certain tax revenues, or experiencing natural disasters. It declares an emergency, effective immediately upon passage.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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