The House education finance and policy bill released
HF890 (Loon) is the education finance omnibus bill with the education policy omnibus bill rolled in. You can find more information on the bill
. The bill includes 1.5% increases to the basic formula for the next two years. The House education target doesn't even cover the cost for this increase. Thus, to pay for it and additional provisions in the bill, other programs were eliminated or reduced. Most notable, the Governor's voluntary preK program is completed abolished. Additionally, to free up more dollars, several categorical funding streams that automatically increase with the basic formula were de-linked, funding will be frozen at the current levels.
Here are some of the key highlights.
- 1.5%/1.5% basic formula increase, $91 each year- ($275 million)
- eliminates voluntary preK - ($47 million savings)
- increases early learning scholarships- ($24.6 million)
- eliminates early learning Pathway 2 scholarships
- makes children birth to 3 eligible for early learning scholarships
- increases the School Readiness funding - ($8.5 million)
- establishes the Office of Early Education and Development to coordinate early learning scholarships, School Readiness and Parent Aware programs) - ($400,000)
- de-links compensatory (funding for children who live in poverty - ($26.6 million savings)
- establishes a new targeted compensatory program that eliminates the concentration factor - ($24 million)
- establishes a school finance legislative study group
- ends seniority for teacher layoffs
I will post the individual district data run when available
The Senate bill will be released any minute now. The omnibus bills will progress through appropriate committees next week and brought to the floor for passage. They will then head to conference committees where the House and Senate versions will be negotiated into a single omnibus bill for each area of government. Stay tuned.
As always, you can keep up with all the action at the Capitol by following