Primary and Secondary Education - Funding Accuracy and Full-Time Equivalent Enrollment Count - Alterations and Report (Education Funding Accuracy Act)

SB 712, the Education Funding Accuracy Act, changes how Maryland calculates state education funding by requiring the use of the average number of students enrolled in kindergarten through grade 12 on September 30 and May 31 of the prior school year (instead of a 3-year moving average) to determine "full-time equivalent enrollment." This directly affects public school districts statewide, as it alters the enrollment count used to calculate their state aid. The bill also mandates that the State Department of Education publish an annual, detailed report online and submit it to key legislative committees by December 31 each year, showing enrollment data disaggregated by county and funding allocations. The changes take effect for funding calculations starting in fiscal year 2028.