Bill > HB773

This bill modifies how school districts receive state aid for catastrophic special education costs by removing the previous requirement that these funds be prorated, meaning divided proportionally, if the appropriated amount was insufficient. Instead, it mandates that school districts receive at least 80 percent of their entitled catastrophic aid in any given fiscal year, ensuring a minimum level of support. The bill also clarifies that the necessary funds for this special education aid are appropriated from the education trust fund, and the governor is authorized to issue warrants for payment even if the trust fund balance is insufficient, with the general fund covering any deficit, though this reporting requirement does not delay payments.

Budget and Finance, Education

https://gc.nh.gov/bill_Status/billinfo.aspx?id=801&inflect=2