Appropriations: school aid; fiscal year 2025-2026 omnibus appropriations for K-12 school aid, higher education, and community colleges; provide for. Amends secs. 11, 17b, 201, 206, 236 & 241 of 1979 PA 94 (MCL 388.1611 et seq.).

SB 186 allocates $17.77 billion for K-12 public schools and $462 million for Michigan community colleges in fiscal year 2025-2026. It specifies funding sources including the state school aid fund, general fund, and dedicated trust funds, with community colleges receiving detailed per-institution allocations for operations and performance funding. The bill establishes a schedule of 11 equal installments for distributing school aid payments to districts, with funds to be paid monthly from October through August. This legislation directly affects all Michigan public school districts and community colleges by authorizing their state funding for the upcoming fiscal year.