Bill > HB5503

This bill appropriates approximately $17.8 billion for K-12 school aid for the fiscal year 2024-2025. * **State School Aid Fund:** $17,769,551,300.00 from the State School Aid Fund is appropriated for public schools and other education-related purposes. * **General Fund:** $78,830,600.00 from the General Fund is appropriated for public schools and other education-related purposes. * **Student Mental Health and Safety:** $150,000,000.00 from the State School Aid Fund and $1,500,000.00 from the General Fund are allocated for activities to improve student mental health and safety. This funding can be used for hiring support staff, purchasing mental health tools and technology, providing training, and enhancing safety infrastructure. Funds can be used until the end of the fiscal year following receipt. * **Firearm Tip Line:** $1,000,000.00 from the State School Aid Fund is allocated to an intermediate district to create or support a tip line for students to anonymously report improperly stored firearms accessible to minors. * **Other Funds:** Additional amounts are appropriated from various specific funds, including the Community District Education Trust Fund, School Transportation Fund, Enrollment Stabilization Fund, School Meals Reserve Fund, Great Start Readiness Program Reserve Fund, MPSERS Retirement Obligation Reform Reserve Fund, and Educator Fellowship Public Provider Fund. * **Federal Funds:** All available federal funds are appropriated as allocated in the bill. * **General Fund Reversion:** Any unexpended General Fund allocations are transferred to the School Aid Stabilization Fund.