The bill amends the State School Aid Act of 1979 by updating Section 11 to appropriate funds for public schools and related educational purposes for the fiscal years ending September 30, 2025, and September 30, 2026. For the fiscal year 2025, the bill allocates a total of $17,769,551,300 from the state school aid fund, along with additional amounts from various funds including the general fund and community district education trust fund. For the fiscal year 2026, it appropriates $65,000,000 from the state school aid fund and smaller amounts from other specified funds, ensuring that all available federal funds are allocated for both fiscal years.

Additionally, the bill specifies that general fund allocations must be used before any funds from the state school aid fund are expended. It also includes a provision that any unspent general fund allocations at the end of the fiscal year will be transferred to the school aid stabilization fund. The amendments reflect a structured approach to funding education in Michigan, ensuring that resources are allocated efficiently and effectively over the two fiscal years.

Statutes affected:
Senate Introduced Bill: 388.1611