STATEMENT OF PURPOSE
RS31301 / H0557
This legislation modernizes Idaho’s K-12 school funding formula by adding an outcomes-based funding
component. This is an important shift in school funding, moving from paying exclusively for inputs to
including a component that pays for student growth and achievement. It provides a funding framework for
school districts and public charter schools to receive funding aligned with statewide student achievement
goals, specifically growth and proficiency targets for math (grades 5 through 8) and attaining college and
career readiness credentials.
FISCAL NOTE
The FY 2025 Public Schools budget includes a $40 million General Fund request, which is subject to
appropriation. Effective July 1, 2025, the total amount for outcomes-based funding will include a portion from
the existing K-12 base budget to further incentivize districts and charters to maintain and expand efforts for
student outcomes.
Contact:
Representative James Petzke
Debbie Critchfield, Superintendent of Public Education
State Board of and State Department of Education
(208) 332-1000
DISCLAIMER: This statement of purpose and fiscal note are a mere attachment to this bill and prepared by a proponent
of the bill. It is neither intended as an expression of legislative intent nor intended for any use outside of the legislative
process, including judicial review (Joint Rule 18).
Statement of Purpose / Fiscal Note Bill SOP/FN INTRODUCED: 02/13/2024, 9:45 AM


Statutes affected:
Bill Text: 33-1001, 33-1002