Bill > S2525

This bill aims to modernize the foundation budget for the 21st century. It establishes a new formula for calculating the foundation budget, which includes factors such as tuitioned-out special education rate, assumed in-school special education enrollment, low-income increment, low-income enrollment, foundation benefits, employee health insurance rate, retired employee health insurance rate, and English learner increment. The bill also creates a foundation budget review commission to review and make recommendations on the foundation budget calculations every five years. Additionally, it establishes a data advisory committee to improve the use of school-level data and support strategic resource allocation decisions at the district and school levels.

https://malegislature.gov/Bills/190/S2525