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Committee hears support for inflationary adjustments to K-12 funding formula
Summary
A Senate Finance & Claims hearing on House Bill 15 focused on a fiscal-note–driven proposal to apply 3% inflation adjustments to key components of Montana's K-12 funding formula; proponents from school groups and the Office of Public Instruction urged prompt action.
Representative David Beatty, sponsor of House Bill 15, told the Senate Finance and Claims Committee that the bill's fiscal note applies a 3% inflation adjustment to parts of the K-12 funding formula for 2026 and 2027. "The rate, inflation rate for both 2026 and 2027 are at 3%," Beatty said in opening remarks.
The bill drew unanimous support from education stakeholders at the hearing as proponents limited their testimony to the fiscal note. Doug Reisig,…
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