Bill > HB4162

This bill amends the state school aid act for the fiscal year 2025-2026, making several key changes to school funding and appropriations. The bill reduces the total state school aid fund appropriation from $17.7 billion to $15 billion and significantly modifies funding allocations across various educational programs. The target foundation allowance (base funding per student) is increased from $9,608 to $10,025. The bill provides $350 million for student mental health and safety initiatives, an increase from the previous year's $150 million allocation. It also adjusts retirement system contribution rates and allocations, with a new estimated MPSERS (Michigan Public School Employees Retirement System) rate cap per pupil of $1,100, up from $740. The bill maintains funding for special education programs, with allocations for reimbursing districts for special education costs, and includes provisions for federal special education grants. Additionally, the bill introduces a one-time $3.3 million appropriation from federal coronavirus recovery funds for a community college academic catch-up program. The legislation aims to provide financial support to school districts while addressing ongoing challenges in education funding, mental health support, and retirement system management.

Budget and Finance

https://legislature.mi.gov/Bills/Bill?ObjectName=2025-HB-4162