Amends provisions for calculating local effort and state aid for general education in South Dakota.

This bill amends the definitions and calculations for local effort and state aid for general education in South Dakota. It modifies the definitions of terms such as "local effort," "per student equivalent," "monthly cash balance," and "general fund base percentage." It also adjusts the calculation methods for target teacher ratio factor, English learner adjustment, and other revenue base additions. The bill specifies how certain funds can be used and under what conditions they can be transferred between funds.

Amends provisions for calculating local effort and state aid for general education in South Dakota.

This bill amends the definitions and calculations for local effort and state aid for general education in South Dakota. It modifies the definitions of terms such as "local effort," "per student equivalent," "monthly cash balance," and "general fund base percentage." It also adjusts the calculation methods for target teacher ratio factor, English learner adjustment, and other revenue base additions. The bill specifies how certain funds can be used and under what conditions they can be transferred between funds.