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JBC to add $64.1M to state share of school finance after finalized counts; committee authorizes accompanying legislation
Summary
Finalized student counts and assessed value data prompted a $64.1 million midyear increase to the state share of total program funding; the committee approved staff recommendations and authorized related legislation and follow‑up analyses for figure setting.
Joint Budget Committee staff told members that finalized student counts and property assessed values produced a $64.1 million increase in the state share of school finance for the current fiscal year. The committee approved staff’s recommendation to make the midyear adjustment and authorized staff to draft accompanying legislation.
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