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Senate Finance Committee Concurred in Bill Adding 3% Inflation Adjustment to K‑12 Funding

Finance and Claims
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

The Senate Finance and Claims Committee concurred in House Bill 15, which applies a 3% inflation adjustment for 2026 and 2027 to Montana’s K‑12 funding formula; education groups urged prompt action so districts can finalize budgets.

Representative David Beattie (House District 86) opened the hearing on House Bill 15, saying the measure "sets the inflation adjustments that are going to be made for K‑twelve based funding" and that the statutory calculation yields a 3% rate for both 2026 and 2027. Proponents said the change is meant to keep base and targeted payments aligned with rising costs.

Doug Reisig, executive director of the Montana…

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