Bill > H4600

This bill proposes the following key provisions for fiscal year 2025: - It sets the distribution of unrestricted general government aid to cities and towns from the State Lottery and Gaming Fund and the General Fund at $1,283,301,752. - It specifies that the total amounts to be distributed and paid to each city, town and regional school district from the chapter 70 education aid item and an additional minimum aid item shall be set forth in the distribution lists provided in the bill. - It states that the specified amounts distributed shall be deemed in full satisfaction of the chapter 70 education aid amounts due. - It outlines how the foundation budget categories, enrollment percentages, allotment rates, and foundation increments for English learners and low-income students will be calculated and adjusted. - It provides that required local contributions shall be calculated pursuant to chapter 70, with the total statewide target local contribution set at 59% and the effort reduction percentage set at 100%. - It sets the minimum aid per pupil dollar amount at $104. The bill aims to provide clarity and specificity around the distribution of local aid and education funding for cities, towns and school districts in fiscal year 2025.

House Committee on Ways and Means (House)

https://malegislature.gov/Bills/193/H4600