Public School Finance
- Increases the statewide base per pupil funding for the 2022-23 budget year by $252.88, to account for inflation of 3.5%, to a new statewide base per pupil funding amount of $7,478.16; and
- Sets the total program funding for the 2022-23 budget year for all school districts and institute charter schools after application of the budget stabilization factor to not less than $8,420,114,162.
(Note: This summary applies to this bill as introduced.)