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Senators press to settle base funding, weights and districting as state moves toward foundation formula
Summary
Committee members urged rapid action on base funding and weight formulas, asked for a Tuesday briefing with Tammy Colby, and requested early modeling of uniform rates so school districts can plan for bond and rate transitions as the state moves from yield-based financing to a foundation formula.
Senate committee members said they want to resolve the base-funding and weight questions quickly so school districts can plan for the move toward a statewide foundation formula. A committee member summarized the plan: “Julia has set out a list of all the topics and then the questions we have to decide under those topics. The first one is base and weights, and we can get Tammy Colby on Tuesday. So my intention is we are going to deal with base and weights and make a decision,” referencing the packet prepared by Joint Fiscal Office staff.
Why it matters: the base funding amount and the weight schedule determine how much state aid each district…
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