Adjusts basic allotment and guaranteed yield under Texas Foundation School Program to reflect inflation.

Texas HB2435 amends the Education Code to adjust the basic allotment and guaranteed yield under the Foundation School Program to reflect inflation. Starting from the 2026-2027 school year, the basic allotment will increase annually based on the inflation rate, determined by the Texas Comptroller using the Consumer Price Index for All Urban Consumers. If the inflation rate is negative, it will be set to zero. This adjustment aims to ensure that funding for public schools keeps pace with the cost of living.

Adjusts basic allotment and guaranteed yield under Texas Foundation School Program to reflect inflation.

Texas HB2435 amends the Education Code to adjust the basic allotment and guaranteed yield under the Foundation School Program to reflect inflation. Starting from the 2026-2027 school year, the basic allotment will increase annually based on the inflation rate, determined by the Texas Comptroller using the Consumer Price Index for All Urban Consumers. If the inflation rate is negative, it will be set to zero. This adjustment aims to ensure that funding for public schools keeps pace with the cost of living.