The bill modifies provisions related to school district budgeting, specifically concerning proposed property tax amounts. It allows school districts to increase their proposed property tax amounts during the budgeting process, acknowledging the timing of enrollment determinations and the enactment of school aid legislation. This is a departure from the general rule that prohibits political subdivisions from increasing proposed property tax amounts after a public hearing.

Additionally, the bill stipulates that if the state percent of growth and the categorical state percent of growth for the applicable school budget year have not been established by law prior to March 5, the proposed property tax dollar amount must not exceed the amounts calculated using the growth percentages from the previous school budget year. This ensures that school districts have a clear framework for determining their property tax amounts in the absence of updated growth figures.

Statutes affected:
Introduced: 24.2A