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

This bill amends the Education Code to adjust the basic allotment and guaranteed yield under the Foundation School Program to reflect inflation. Beginning with the 2026-2027 school year, the basic allotment will increase annually based on the inflation rate, as determined by the comptroller using the Consumer Price Index for All Urban Consumers. The guaranteed yield will also be adjusted to account for inflation. This adjustment aims to ensure that school districts receive adequate funding to meet the rising costs of education.

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

This bill amends the Education Code to adjust the basic allotment and guaranteed yield under the Foundation School Program to reflect inflation. Beginning with the 2026-2027 school year, the basic allotment will increase annually based on the inflation rate, as determined by the comptroller using the Consumer Price Index for All Urban Consumers. The guaranteed yield will also be adjusted to account for inflation. This adjustment aims to ensure that school districts receive adequate funding to meet the rising costs of education.