Mid-Year Adjustments to School Funding
| Type | Bill |
|---|---|
| Session | 2025 Regular Session |
| Subjects |
Concerning adjustments to school funding for the 2024-25 budget year, and, in connection therewith, increasing an appropriation.
Bill Summary:
The general assembly recognizes that for the 2024-25 budget year, the actual funded pupil count is higher than anticipated when the appropriation was established in the 2024 legislative session for total program funding for the 2024-25 budget year. In addition, local property tax revenue and specific ownership tax revenue are lower than anticipated, resulting in a decrease in the local share of total program funding for the 2024-25 budget year.
The act declares the general assembly's intent to increase the state share of districts' total program funding by $64,076,611 for the 2024-25 budget year.
The act adjusts a repeal date for the total program reserve fund.
(Note: This summary applies to this bill as enacted.)
Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 25-113 to the Committee of the Whole. | The motion passed on a vote of 10-1. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 25-113 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. | The motion passed on a vote of 7-0. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 02/13/2025 | Third Reading | BILL |
63
AYE
2
NO
0
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 02/06/2025 | Third Reading | BILL |
31
AYE
0
NO
4
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 02/27/2025 | Governor | Governor Signed |
| 02/21/2025 | Governor | Sent to the Governor |
| 02/21/2025 | House | Signed by the Speaker of the House |
| 02/21/2025 | Senate | Signed by the President of the Senate |
| 02/13/2025 | House | House Third Reading Passed - No Amendments |
| 02/12/2025 | House | House Second Reading Special Order - Passed - No Amendments |
| 02/11/2025 | House | House Committee on Appropriations Refer Unamended to House Committee of the Whole |
| 02/06/2025 | House | Introduced In House - Assigned to Appropriations |
| 02/06/2025 | Senate | Senate Third Reading Passed - No Amendments |
| 02/05/2025 | Senate | Senate Second Reading Special Order - Passed - No Amendments |
| 02/04/2025 | Senate | Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole |
| 02/03/2025 | Senate | Introduced In Senate - Assigned to Appropriations |
Prime Sponsor
Sponsor
Co-Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 02/27/2025 | 2 | Mid-Year Adjustments to School Funding |