Bill > S287

This bill proposes to amend Section 3A of Chapter 70 of the General Laws, which deals with school funding, by adding a new component to the criteria used to calculate the required minimum local contribution. Specifically, for municipalities with a population of 6,000 or fewer residents, this new component will exclude the highest five percent and lowest five percent of property values and resident annual income from the calculations that determine how much local funding is required for schools. This change aims to adjust the local contribution calculation for smaller communities by removing extreme values in property and income data.