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Automatic inflation added to Minnesota basic school formula will raise state funding by roughly $179 million in fiscal 2026, staff estimate
Summary
Committee staff presented printouts showing that adding automatic inflation to the basic formula allowance raises the average general education revenue by about $194 per pupil (1.8% on average) and increases statewide funding by roughly $179 million for fiscal 2026, compared with no-inflation baseline.
Committee fiscal staff told the House Ways and Means education subcommittee that the legislature’s decision to add automatic inflation into the basic formula allowance is expected to increase school district funding for fiscal 2026 compared with a no-inflation baseline.
Mr. Strom, the committee’s fiscal analyst, presented a fiscal-year-2026 general-education printout that shows the basic formula allowance rising from $7,281 to an estimated $7,448 per pupil, a $167 increase. When the other components that link to inflation (compensatory revenue, operating…
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