Relating to granting supplemental aid or a modified supplemental amount for school districts with high open enrollments, and including effective date and applicability provisions

31(5) establishes circumstances under which the school budget review committee (committee) may grant supplemental aid or a modified supplemental amount to a district. This bill modifies the calculations for supplemental aid or a modified supplemental amount for such school districts under circumstances of high open enrollment into the district by striking the teacher salary supplement district cost per pupil from the amount. The bill strikes the limitation that specified a school district is only eligible for supplemental aid or a modified supplemental amount related to increasing open enrollment for the budget year beginning July 1, 2024. 31(5)(o) with modifications. The provision specifies that if a school district with high open enrollment into the district is granted a modified supplemental amount for a budget year beginning on or after July 1, 2025, the school district’s combined property tax rate for all school district levies for the succeeding budget year shall not exceed the combined property tax rate for all such levies for the budget year for which the modified supplemental amount was granted. The bill takes effect upon enactment and applies to school budget years beginning on or after July 1, 2025.