Community college funding-inflation adjustment.

SF 46 adjusts how Wyoming community colleges receive state funding to account for inflation. It allows the Community College Commission to request an external cost adjustment every two years starting in 2024, reflecting inflation in fixed and variable operational costs. The bill requires the Commission to submit specific inflation data, report on tuition/fee changes, and ensure any additional funding is distributed proportionally based on existing allocation formulas. This directly affects Wyoming's community colleges by creating a formal process to seek funding increases tied to rising costs.