Relating to the basic allotment and guaranteed yield under the Foundation School Program, including an adjustment in those amounts to reflect inflation.

HB 2835 adjusts Texas school funding under the Foundation School Program to account for inflation. It increases the basic per-student allotment (currently $7,075) annually starting in 2026-2027 by applying the Consumer Price Index (CPI) inflation rate to the previous year's amount. This change directly affects all public school districts receiving state funding under the program, ensuring their per-student funding keeps pace with rising costs. The adjustment applies to both the base allotment and the guaranteed yield calculation for districts. The bill takes effect September 1, 2025.