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Panel backs bill to codify State School Fund distribution method used to prepare budgets
Summary
The subcommittee moved House Bill 2,140 to the full Ways and Means Committee with a due-pass recommendation. The measure codifies the distribution methodology used to calculate the tentative biannual budget for the State School Fund and clarifies how future cost projections should be calculated.
The Education Subcommittee advanced House Bill 2,140 to the full Ways and Means Committee with a due-pass recommendation after a work session that described technical changes to the State School Fund budgeting methodology.
Committee staff described HB 2140 as a measure that codifies the method the Department of Administrative Services (DAS) and the Legislative Fiscal Office (LFO) have used in practice to prepare the tentative biannual current-service-level budget for the State School Fund. The…
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