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Committee hears bill to apply statutory inflation adjustment to K‑12 base aid

2104144 · January 10, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Representative David Beatty introduced HB 15 to apply the statutorily required inflation adjustment to Montana’s K‑12 base aid formula, a step proponents told the House Education Committee is essential for district budgeting and spring hiring.

Representative David Beatty, sponsor of House Bill 15, told the House Education Committee that the bill applies statutorily determined inflation adjustments to the K‑12 base aid formula used to set the minimum funding districts receive.

The measure implements the inflation calculation in 20‑9‑326, Montana Code Annotated (the CPI‑based, three‑year compound growth method) with the statutory 3 percent cap. That cap, Beatty and multiple proponents said, allows districts to plan budgets, negotiate contracts and begin spring hiring.

HB 15 would apply the statutory inflation factor to the several components of the base aid formula used to compute the state share and the portion borne by local property taxpayers. "This bill provides for the present‑law based inflationary adjustment for schools and assists in ensuring Montana's public schools can maintain learning opportunities and school operations," said Emily Dean, director of…

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