The bill amends Section 20-9-306 of the Montana Code Annotated to apply inflationary adjustments to various components of the school funding formula. Key changes include updated figures for the basic entitlement, per-ANB entitlements, and various payments related to quality educators, at-risk students, and special education. For instance, the basic entitlement for high school districts is adjusted to $364,401 for fiscal year 2026 and $375,333 for subsequent years, while the total quality educator payment is set to $3,783 for fiscal year 2026. Additionally, the total special education allocation is revised to $311.63 for fiscal year 2026 and $320.98 for each succeeding fiscal year.

The bill specifies that these amendments will take effect on July 1, 2025, and will apply to school fiscal years beginning on or after that date. This legislation aims to ensure that school funding keeps pace with inflation, thereby supporting the financial needs of educational institutions in Montana.

Statutes affected:
LC Text: 20-9-306
HB0015_1(1): 20-9-306
HB0015_1(2): 20-9-306
HB0015_1(3): 20-9-306
HB0015_1(4): 20-9-306
HB0015_1(5): 20-9-306
HB0015_1(6): 20-9-306
HB0015_1(7): 20-9-306
HB0015_1(8): 20-9-306
HB0015_1: 20-9-306
HB0015_2: 20-9-306
HB0015_X(1): 20-9-306
HB0015_X(10): 20-9-306
HB0015_X(11): 20-9-306
HB0015_X(12): 20-9-306
HB0015_X(13): 20-9-306
HB0015_X(2): 20-9-306
HB0015_X(3): 20-9-306
HB0015_X(4): 20-9-306
HB0015_X(5): 20-9-306
HB0015_X(6): 20-9-306
HB0015_X(7): 20-9-306
HB0015_X(8): 20-9-306
HB0015_X(9): 20-9-306
HB0015_X: 20-9-306