Public School Finance

Financing for K-12 public schools - transfer to the state education fund - rural school funding - tier B special education funding - ninth grade success grant program - health and wellness through comprehensive physical education grant program - appropriation. The act increases the statewide base per pupil funding for the 2019-20 budget year by $182.76 to account for inflation, for a new statewide base per pupil funding of $6,951.53. The act also sets the minimum district total program funding for the 2019-20 budget year. The district total program funding reflects a $100 million reduction in the dollar amount of the budget stabilization factor over the prior budget year. In addition, the…