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JFAC moves major school funding items: continuous facilities fund, $330 million cash transfer and related accounting fixes

3086794 · March 26, 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

JFAC approved several school‑funding actions, including making the school facilities fund continuously appropriated, a $180.8 million accounting reduction, and a one‑time $330 million transfer from the General Fund to the Public School Income Fund.

The Joint Finance‑Appropriations Committee approved multiple measures affecting public school funding, including changes to the School District Facilities Fund, clarification of earlier actions, and a one‑time $330 million cash transfer into the public school income fund.

Jared Tetrault and division staff briefed the committee on three related trailer items. One trailer to House Bill 304 would make the School District Facilities Fund (established in Idaho Code §33‑911) continuously appropriated so funds could be distributed to districts in…

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