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Superintendent outlines draft Senate Bill 1 and House Bill 1001 impacts on district funding
Summary
Staff briefed the board on recent state proposals: an amended Senate Bill 1 would freeze operations fund levies in fiscal 2026 and phase modest increases later; House Bill 1001 would fold a separate curricular materials appropriation into the foundation formula, reducing LCSC's per‑student growth in the near term.
District staff updated the board Feb. 18 on state legislative proposals affecting school funding, focusing on property‑tax reform in Senate Bill 1 and the state budget bill (House Bill 1001).
Mr. Dennis summarized the fiscal effects of the current bill drafts. He said Senate Bill 1’s earlier draft would have cut property‑tax revenue; an amended version removed an immediate revenue cut and instead would “freeze” the operations fund levy for fiscal 2026,…
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