Bill
Bill > HB2078
OK HB2078
OK HB2078School funding; State Aid; calculation; increasing percentages of allowable general fund carryover; weighted calculations; effective date; conditional effect.
summary
Introduced
02/01/2021
02/01/2021
In Committee
03/23/2021
03/23/2021
Crossed Over
02/25/2021
02/25/2021
Passed
03/31/2021
03/31/2021
Dead
Signed/Enacted/Adopted
03/31/2021
03/31/2021
Introduced Session
2021 Regular Session
Bill Summary
An Act relating to school funding; amending 70 O.S. 2011, Sections 18-200.1, as amended by Section 1, Chapter 128, O.S.L. 2020 and 18-201.1, as last amended by Section 3, Chapter 61, O.S.L. 2020 (70 O.S. Supp. 2020, Sections 18-200.1 and 18-201.1), which relate to State Aid; modifying calculation for initial allocation of State Aid; adjusting years of data to be used in calculating average daily membership; modifying the July calculation of per pupil revenue; revising calculation for Foundation Aid; altering calculation for Salary Incentive Aid; increasing percentages of allowable general fund carryover; prohibiting assessment of carryover penalty in certain fiscal years; adjusting weighted calculations for weighted average daily membership; revising July and December calculations for projected per pupil revenue; providing an effective date; and providing for conditional effect. SUBJECT: School funding
AI Summary
This bill proposes several changes to the calculation of school funding and state aid in Oklahoma. Some key provisions include:
- Modifying the calculation for the initial allocation of state aid, adjusting the years of data used to calculate average daily membership, and revising the calculation for Foundation Aid and Salary Incentive Aid.
- Increasing the allowable percentages of general fund carryover before a penalty is assessed, and prohibiting the assessment of a carryover penalty in certain fiscal years.
- Adjusting the weighted calculations for weighted average daily membership, and revising the July and December calculations for projected per pupil revenue.
- Providing an effective date of July 1, 2022, and making the bill contingent on the enactment of related legislation.
Overall, the bill aims to adjust various factors in the state's school funding formula to provide more flexibility and potentially increase funding for school districts in Oklahoma.
Committee Categories
Budget and Finance, Education
Sponsors (7)
Kyle Hilbert (R)*,
Zack Taylor (R)*,
Dean Davis (R),
Jon Echols (R),
Toni Hasenbeck (R),
Terry O'Donnell (R),
Tammy West (R),
Last Action
Approved by Governor 03/31/2021 (on 03/31/2021)
Official Document
bill text
bill summary
Loading...
bill summary
Loading...
bill summary
Loading...