Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Bill would let Legislature authorize inflation adjustments above 3% cap for school funding
Summary
Senate Bill 258 would clarify that the Legislature may provide inflationary adjustments beyond the current 3% cap used in school funding calculations. Proponents said the change would allow more responsive school funding; Office of Public Instruction staff said the provision would not force local boards to take specific action.
Senate Bill 258 would clarify that the Legislature may, by law, provide inflationary adjustments for school funding beyond the 3% cap used in current calculations and provide a method to calculate an inflation factor for potential adjustments.
Senator Laura Smith (SD 40) told the Senate Education Committee that the bill “recognizes the legislature’s power” to provide inflationary adjustments in excess of 3 percent, and that the restriction has constrained some districts’ budgets. She cited the…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
