Bill > HB2562

This bill, effective January 1, 2027, increases state funding to help school districts cover the costs of enrichment levies, which are local taxes used to supplement basic education funding. Specifically, it revises how "local effort assistance" is calculated, which is state money provided to school districts to help them afford their enrichment levies. The bill changes the threshold for an "eligible school district" and adjusts the formula for calculating the assistance amount, generally increasing the per-student funding and the maximum allowable enrichment levy rate that the state will help support, with specific increases and adjustments for inflation and "inflation enhancements" until 2031, after which a new, higher per-student amount will be used. It also clarifies definitions related to inflation and student enrollment calculations for these purposes.

Budget and Finance

https://app.leg.wa.gov/billsummary?BillNumber=2562&Year=2025&Initiative=false