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Committee drops proposed school-funding certification change from bill; county auditors warn of double shortfall risk
Summary
At its fourth hearing on House Bill 186, committee accepted an amendment that removes a provision altering the school funding formula; county auditors and school finance representatives warned removing a separate valuation-certification change could leave districts facing local revenue caps without state adjustment, creating funding shortfalls.
During a fourth hearing on House Bill 186 on Wednesday, the House Ways and Means Committee accepted an amendment that removes a provision in the bill that had altered the school funding formulaspecifically, a change intended to ensure school districts would remain whole if local property tax revenue growth were capped.
Vice Chair Thomas moved Amendment AM1360582 to delete the bills provision that would have changed how the stateschool funding formula treats local revenue reductions; the amendment was accepted without objection. The vice chair said the provision was removed to allow the budget process time to determine how the state school funding…
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