Principle Criteria
Free Enterprise
Property Rights
Personal Responsibility
Limited Government
Individual Liberty
Digest
HB 3277 increases the basic allotment for public school funding under the Foundation School Program from $6,160 to $7,500 per student. It also introduces an annual adjustment for inflation based on the Consumer Price Index, ensuring the per-student allotment grows over time. Additionally, the bill modifies the formula for the state's guaranteed yield on local tax revenue, linking it to the updated basic allotment amount​.
Author
Vincent Perez