Signed by Governor Kim Reynolds

Vote Smart's Synopsis:

Vote to amend and pass a bill that appropriates funds for schools.

Highlights:

• Increases the state budget for public school funding to 2.4% for the year starting July 1 2021  (Sec. 1) 

• Specifies the categorical state percent of growth for the budget year beginning July 1, 2021, is 2.4% (Sec. 1-2).

• Authorizes the categorical state percent of growth to include state percents of growth for the teacher salary supplement, the professional development supplement, the early intervention supplement, the teacher leadership supplement, and for budget years beginning on or after July 1, 2020, transportation equity aid payments (Sec. 1-2).

• Specifies that for the budget year beginning July 1, 2021, the regular program state cost per pupil is the regular program state cost per pupil for the base year plus the regular program supplemental state aid for the budget year, plus ten dollars (Sec. 2.e).

• Specifies each school district’s property tax replacement payment equals the school district’s weighted enrollment for the budget year beginning July 1, 2019, multiplied by the remainder of the amount calculated for the school district minus the amount calculated for the school district (Sec. 3-3).

• Specifies for each budget year beginning on or after July 1, 2021, the department of management shall calculate for each school district all of the following (Sec. 3.c):

• The regular program state cost per pupil for the budget year beginning July 1, 2012, multiplied by 100% less the regular program foundation base per pupil percentage;

• The regular program state cost per pupil for the budget year beginning July 1, 2021, multiplied by 100% less the regular program foundation base per pupil percentage; and

• The amount of each school district’s property tax replacement payment. Each school district’s property tax replacement payment equals the school district’s weighted enrollment for the budget year multiplied by the remainder of the amount calculated for the school district minus the amount calculated for the school district

• Requires, at the fiscal year beginning July 1, 2021, appropriations from the general fund of the state to the Department of Management for deposit in the transportation equity fund an amount necessary to make all transportation equity aid payments (Sec. 4-3).

Full Bill Text

Vote Smart's Synopsis:

Vote to pass a bill that appropriates funds for schools.

Highlights:

• Increases the state budget for public school funding to 2.4% for the year starting July 1 2021  (Sec. 1) 

• Specifies the categorical state percent of growth for the budget year beginning July 1, 2021, is 2.4% (Sec. 1-2).

• Authorizes the categorical state percent of growth to include state percents of growth for the teacher salary supplement, the professional development supplement, the early intervention supplement, the teacher leadership supplement, and for budget years beginning on or after July 1, 2020, transportation equity aid payments (Sec. 1-2).

• Specifies that for the budget year beginning July 1, 2021, the regular program state cost per pupil is the regular program state cost per pupil for the base year plus the regular program supplemental state aid for the budget year, plus ten dollars (Sec. 2.e).

• Specifies each school district’s property tax replacement payment equals the school district’s weighted enrollment for the budget year beginning July 1, 2019, multiplied by the remainder of the amount calculated for the school district minus the amount calculated for the school district (Sec. 3-3).

• Specifies for each budget year beginning on or after July 1, 2021, the department of management shall calculate for each school district all of the following (Sec. 3.c):

• The regular program state cost per pupil for the budget year beginning July 1, 2012, multiplied by 100% less the regular program foundation base per pupil percentage;

• The regular program state cost per pupil for the budget year beginning July 1, 2021, multiplied by 100% less the regular program foundation base per pupil percentage; and

• The amount of each school district’s property tax replacement payment. Each school district’s property tax replacement payment equals the school district’s weighted enrollment for the budget year multiplied by the remainder of the amount calculated for the school district minus the amount calculated for the school district

• Requires, at the fiscal year beginning July 1, 2021, appropriations from the general fund of the state to the Department of Management for deposit in the transportation equity fund an amount necessary to make all transportation equity aid payments (Sec. 4-3).

Full Bill Text