Revises property tax levies for school districts and state aid formulas for general and special education.

The bill revises property tax levies for school districts and the state aid formulas for general and special education in South Dakota. It sets new maximum tax levies for school districts, including specific amounts for general funds, agricultural property, and owner-occupied single-family dwellings. The bill also updates the definitions and calculations for various educational funding terms, such as "local effort," "target teacher ratio factor," and "allocation for students with disabilities." These changes affect how state aid is calculated and distributed to school districts based on.

Revises property tax levies for school districts and state aid formulas for general and special education.

The bill revises property tax levies for school districts and the state aid formulas for general and special education in South Dakota. It sets new maximum tax levies for school districts, including specific amounts for general funds, agricultural property, and owner-occupied single-family dwellings. The bill also updates the definitions and calculations for various educational funding terms, such as "local effort," "target teacher ratio factor," and "allocation for students with disabilities." These changes affect how state aid is calculated and distributed to school districts based on.