Public Education Base Budget Amendments
What changed between versions
Updated the weighted pupil unit (WPU) value to $4,674 for fiscal year 2025-2026 and adjusted revenue targets and tax rate estimates accordingly.
Adjusted minimum basic tax rate and WPU value rate estimates for fiscal year 2025, with the minimum basic tax rate estimated at .001408 and the WPU value rate at .000055.
Updated FY 2025 and FY 2026 appropriation amounts across multiple accounts including the Uniform School Fund, Income Tax Fund, and Local Levy Growth Account.
Updated specific program funding amounts for teaching supplies and materials, educator salary adjustments, and various categorical programs for both fiscal years 2025 and 2026.
Changed the timeline for the Executive Appropriations Committee to determine inflation and enrollment growth adjustment costs from December to 'in or before December' each year.
Added a requirement that if the Executive Appropriations Committee increases the WPU value beyond inflation adjustments, they must also appropriate at least 0.5% of total WPU appropriations to the Local Levy Growth Account starting in fiscal year 2026.
Modified the guaranteed local levy increment amounts, changing the per-WPU guarantee from $43.10 (effective 2018) to an indexed amount based on the prior year's WPU value multiplied by 0.011962.
Adjusted the maximum number of guaranteed local levy increments from 20 to remain at 20, but clarified the allocation order for voted and board local levies.
Amended the state guarantee on local property tax levies to ensure the hold harmless provision only applies when a school district proportionally reduces all local levies due to property valuation changes, preventing unintended tax rate capacity shifts.
Corrected formatting and line numbering throughout the enrolled version to reflect the final legislative text.
