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Joint Budget Committee approves school finance midyear adjustment; strikes technical trigger language
Summary
The committee approved the school finance midyear adjustment bill to reflect final pupil counts and local share changes, increasing the state share from the State Education Fund by $64.1 million. The panel removed a section (section 3) that would have altered trigger language tied to transfers and instructed sponsors to renumber the bill.
The Joint Budget Committee approved a midyear adjustment to school finance after JBC staff reported final pupil counts and local share figures. Andrea Ewell, JBC staff, said the changes require the State Education Fund (SEF) to provide an additional $64,100,000 to cover higher pupil counts and a lower local share.
Ewell and LLS staff described two technical statutory cleanups included in the draft. One responds to a correction identified by the chief economist in June: a retrospective correction to…
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