Bill > S303

This bill proposes to gradually decrease the Commonwealth's (state's) target for the local contribution to the education foundation budget from 58% to 54% over a period of 4 years. The bill amends the definition of "total state target local contribution" in Chapter 70 of the General Laws, which governs the state's public school funding system, to specify that the local contribution percentage shall be set annually in the state's general appropriations act but shall not exceed the specified limits. The reduction in the local contribution target means the state will be responsible for a greater share of the education foundation budget over time.