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Legislative Year: 2024 Change
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Bill Detail: HB24-1207

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Title Adjustments to School Funding Budget Year 2023-24
Status Governor Signed (03/08/2024)
Bill Subjects
  • Education & School Finance (Pre & K-12)
House Sponsors S. Bird (D)
E. Sirota (D)
Senate Sponsors R. Zenzinger (D)
B. Kirkmeyer (R)
House Committee Appropriations
Senate Committee Appropriations
Date Introduced 02/02/2024
Summary

Joint Budget Committee. The general assembly recognizes that
the actual funded pupil count and the at-risk pupil count for the 2023-24
budget year are higher than expected when the appropriation amount for
the state share of total program funding was established during the 2023
legislative session, resulting in an increase in total program funding for
the 2023-24 budget year.
In addition, local property tax revenue and specific ownership tax
revenue are higher than anticipated, resulting in an increase in the local
share of total program funding for the 2023-24 budget year.
The bill declares the general assembly's intent to maintain the
budget stabilization factor at the amount of the original appropriation for
the 2023-24 budget year.
The bill decreases the appropriation for the state share of total
program funding by $23,964,790 in cash funds from the state education
fund and adjusts the 2023-24 state fiscal year long bill accordingly.

Committee Reports
with Amendments
Full Text
Full Text of Bill (pdf) (most recent)
Fiscal Notes Fiscal Notes (05/23/2024) (most recent)  
Additional Bill Documents Bill Documents
Including:
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  • Past fiscal notes
  • Committee activity and documents
  • Bill History
 
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