HB 1174 CO Became Law
School Finance Mid-Year Adjustments
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Summary
Compared to what was anticipated when appropriations were established in the 2025 regular legislative session for the 2025-26 budget year, the general assembly finds that for the 2025-26 budget year the actual funded pupil count and the at-risk pupil count are lower than anticipated; the local share of total program funding is higher than anticipated; and therefore, the general assembly intends to decrease the state share of districts' total program funding by $103,472,508 for the 2025-26 budget year. Under current law, there are 2 total program formulas to finance public schools, commonly referred to as the old formula and the new formula. For the 2025-26 budget year, a district's total program is the greater of:The district's total program amount for the 2024-25 budget year; orThe amount calculated for the 2025-26 budget year under the old formula plus an amount equal to 15% of the difference between the amounts calculated between the old formula and the new formula. The act clarifies that for the 2025-26 budget year, if the calculation under the new formula is less than the calculation under the old formula, then that district's total program for the 2025-26 budget year is the greater of:The district's total program amount for the 2024-25 budget year; orThe amount calculated for the 2025-26 budget year under the old formula. The act reduces appropriations to the department of education for the 2025-26 budget year by $103,472,508.(Note: This summary applies to this bill as enacted.)
Sponsors (6)
- K. Brown Democratic · sponsor
- R. Taggart Republican · sponsor
- J. Amabile Democratic · sponsor
- B. Kirkmeyer Republican · sponsor
- E. Sirota Democratic · sponsor
- J. Bridges Democratic · sponsor
3 coauthors / cosponsors
- C. Clifford Democratic · cosponsor
- M. Duran Democratic · cosponsor
- J. McCluskie Democratic · cosponsor
Action history (12)
- Mar 26, 2026 Governor Signed · executive
- Mar 17, 2026 Sent to the Governor · executive
- Mar 17, 2026 Signed by the President of the Senate · upper
- Mar 16, 2026 Signed by the Speaker of the House · lower
- Feb 20, 2026 Senate Third Reading Passed - No Amendments · upper
- Feb 19, 2026 Senate Second Reading Special Order - Passed - No Amendments · upper
- Feb 18, 2026 Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole · upper
- Feb 17, 2026 Introduced In Senate - Assigned to Appropriations · upper
- Feb 12, 2026 House Third Reading Passed - No Amendments · lower
- Feb 11, 2026 House Second Reading Special Order - Passed - No Amendments · lower
- Feb 10, 2026 House Committee on Appropriations Refer Unamended to House Committee of the Whole · lower
- Feb 6, 2026 Introduced In House - Assigned to Appropriations · lower
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