Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Panel backs raising local optional revenue by $250 per pupil; bill projects net state aid increases and small net property tax reduction
Summary
Senate File 2239, introduced by Senator Kupik, would raise the first-tier local optional revenue allowance by roughly $250 per pupil beginning in fiscal year 2027, with fiscal estimates projecting hundreds of millions in increased education revenue and state aid while modestly reducing property tax levies.
Senator Kupik introduced Senate File 2239 to increase the first-tier local optional revenue (LOR) allowance by roughly $250 per adjusted pupil unit beginning in fiscal year 2027. The Education Finance Committee heard testimony from school business officials, superintendents and school board members and laid the bill over for possible inclusion in the omnibus process.
The sponsor and fiscal staff presented top-line fiscal estimates: in fiscal 2028 the bill would increase general education revenue by approximately $244,000,000 and increase state aid entitlements by approximately $268,000,000, yielding a net estimated reduction in property tax levies of about $24,000,000. In fiscal 2029, estimates shown to the committee projected roughly $259,000,000 in increased general education revenue, $284,000,000…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
