SSB 3106

This bill relates to education funding by establishing the state percent of growth and the categorical state percent of growth for the budget year beginning July 1, 2020, modifying provisions and references relating to the property tax replacement payments, and modifying various appropriations for certain education funding programs.5 percent for the budget year beginning July 1, 2020. The state percent of growth is used to calculate the amount of supplemental state aid for a budget year as part of the state school foundation program. 5 percent for the budget year beginning July 1, 2020. The categorical state percent of growth is used to calculate the amount of supplemental state aid for each of the categorical funding supplements.16B provides for school district property tax replacement payments. Under current law, for each budget year beginning on or after July 1, 2019, each school district’s property tax replacement payment amount is equal to the school district’s weighted enrollment for the budget year multiplied by the difference of the following: (1) the regular program state cost per pupil for the budget year beginning July 1, 2019, multiplied by 100 percent less the regular program foundation base per pupil percentage; and (2) the regular program state cost per pupil for the budget year beginning July 1, 2012, multiplied by 100 percent less the regular program foundation base per pupil percentage.5 percent. _____ calculation for budget years beginning on or after July 1, 2020. For budget years beginning on or after July 1, 2020, each school district’s property tax replacement payment amount is equal to the school district’s weighted enrollment for the applicable budget year multiplied by the difference of the following: (1) the regular program state cost per pupil for the budget year beginning July 1, 2020, multiplied by 100 percent less the regular program foundation base per pupil percentage; and (2) the regular program state cost per pupil for the budget year beginning July 1, 2012, multiplied by 100 percent less the regular program foundation base per pupil percentage.16C establishes a transportation equity program to provide additional funding for school districts with a transportation cost per pupil that exceeds the statewide adjusted transportation cost per pupil, as determined by the department of management.16C(4).16C appropriates from the general fund of the state to the transportation equity fund the sum of the amount appropriated for the immediately preceding fiscal year plus the product of the amount appropriated for the immediately preceding fiscal year multiplied by the categorical percent of growth for the corresponding school budget year.16C so that this appropriation calculation begins with the fiscal year beginning July 1, 2021, and appropriates $24,475,000 to the transportation equity fund for the fiscal year beginning July 1, 2020. _____ year beginning July 1, 2020, and ending June 30, 2021, by an additional $15 million. The reduction for each area education agency shall be prorated based on the reduction that the agency received in the fiscal year beginning July 1, 2003.20(2), the appropriation for the fiscal year beginning July 1, 2020, and ending June 30, 2021, for paying instructional support state aid for such fiscal year is zero. The bill takes effect upon enactment.