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Superintendent warns state education finance proposals could cut district revenue
Summary
Superintendent Miss Selhurst told the board that current senate and proposed bills remove inflation adjustments and propose cuts that could reduce the district's compensatory and literacy aid, creating an estimated combined revenue loss of roughly $100,000 for next year and complicating budget planning.
Superintendent Miss Selhurst told the Stewartville Public School District board that pending state education finance proposals in the legislature could reduce district revenues and complicate budget planning for next year.
Selhurst said the Senate education finance bill (file 2255) removes the annual inflation adjustment for per-pupil formulas after fiscal 2027 and proposes a $687 million reduction to education funding in the following biennium. She said the bill sets the formula allowance at 2.74% for the coming year and 3% the following year, with no guaranteed…
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