One of the bills that would increase state funding for education that is making its way through the State Legislature is HB 1583. This bill received a positive, bipartisan recommendation from the House Education Committee, and was approved by the full House 228-150 a few weeks ago. It is now being worked on by Division II of the House Finance Committee, and will eventually get another vote on the House floor.
As this bill is currently amended, it increases base adequacy from $4,100 per pupil to $4,404 per pupil beginning in the 2025 school year, which is a $34 million increase in state funding.
The bill also directs additional state money through two targeted aid categories, creating $39 million in fiscal capacity disparity aid, which sends funds to communities with lower property values, and $25 million to be distributed to districts based on their proportion of free and reduced lunch eligible students.
The Legislative Budget Assistant has released town-by-town data on how this bill would increase funding. See how much funding your community would get if HB 1583 became law in the map below.
