Joint Budget Committee [Mar 26, 2025 - Upon Adjournment]

Joint Budget Committee

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Meeting opening; framing of K–12 funding 'trigger' question

Presentation

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Chair opened the meeting and asked JBC staff and counsel (Ms. Ewell) to explain statutory mechanics for the 'trigger' that could pause the new K–12 funding formula. Ms. Ewell summarized the law: if the Joint Budget Committee finds a listed condition to 'pause the formula' has occurred, the committee must notify legislative leaders and the education committees and calculate total program under the old formula.

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Joint Budget Committee debated pausing the new K–12 funding formula and approved long‑bill figure‑setting items including higher‑education funding, several transfers and set‑asides, and a package of balancing moves and provider rate changes.

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