This bill proposes a special appropriation to the Department of Education and Early Development, ensuring that the base student allocation for public education remains consistent with the funding level established for fiscal year 2025. Specifically, it allocates $6,640 per student, which will be distributed as grants to school districts based on their average daily membership, as calculated under the public school funding formula. The funding is intended to cover the total amount necessary for state aid for public schools for the fiscal year ending June 30, 2026, after accounting for prior appropriations made by the Thirty-Fourth Alaska State Legislature.

The bill also stipulates that it will take effect on July 1, 2025. This timing aligns the funding with the fiscal year, ensuring that school districts can plan their budgets accordingly based on the guaranteed funding level.