Bill > HB595

This bill modifies the Texas Education Code by increasing the basic allotment (the base funding per student) from $6,160 to $7,075 for school districts and introducing an annual inflation adjustment mechanism for future school funding. Starting in the 2026-2027 school year, the basic allotment will be automatically increased each year based on the Consumer Price Index (CPI) as determined by the comptroller, which means the funding will grow in line with the cost of living. The bill also updates related sections of the Education Code to reflect the new basic allotment amount, specifically adjusting calculations for guaranteed levels of state and local funds per weighted student. These changes are part of the Foundation School Program, which provides state funding to public school districts in Texas, and are intended to help school districts keep pace with rising costs and maintain educational funding levels that are more responsive to economic changes.

Education

https://capitol.texas.gov/BillLookup/History.aspx?LegSess=89R&Bill=HB595