Texas HB3380 adjusts the basic allotment and guaranteed yield under the Foundation School Program to reflect inflation.

Texas HB3380 amends the Education Code to adjust the basic allotment and guaranteed yield under the Foundation School Program to account for inflation. Starting from the 2026-2027 school year, the basic allotment for school districts will increase annually based on the inflation rate, as determined by the comptroller using the Consumer Price Index for All Urban Consumers. This adjustment aims to ensure that funding levels keep pace with rising costs, thereby maintaining the purchasing power of the allotment.

Texas HB3380 adjusts the basic allotment and guaranteed yield under the Foundation School Program to reflect inflation.

Texas HB3380 amends the Education Code to adjust the basic allotment and guaranteed yield under the Foundation School Program to account for inflation. Starting from the 2026-2027 school year, the basic allotment for school districts will increase annually based on the inflation rate, as determined by the comptroller using the Consumer Price Index for All Urban Consumers. This adjustment aims to ensure that funding levels keep pace with rising costs, thereby maintaining the purchasing power of the allotment.