The bill:
Increases the statewide base per pupil funding for the 2026-27 budget year by $217.30 to account for inflation;
Sets a new statewide base per pupil funding amount for the 2026-27 budget year at $8,909.10; and
Sets the total program funding for the 2026-27 budget year at $10,209,589,888.
(Note: This summary applies to this bill as introduced.)