This bill mandates the Department of Education to establish an education funding transparency data and reporting system, which will be integrated into the existing legal framework by adding a new section, RSA 186:77-a. The system is designed to provide comprehensive data on education funding allocations, disbursements, and expenditures over the past decade, disaggregated by various educational levels. It will feature advanced data management and analytics capabilities, including data visualization dashboards for simulating funding formula changes, and will ensure compliance with relevant privacy laws. The bill also specifies that the system will include both public-facing dashboards with aggregate data and restricted environments for authorized partner entities.

To support the implementation and maintenance of this system, the bill appropriates a total of $1.4 million to the Department of Education, with $900,000 allocated for the initial creation of the system and $500,000 for ongoing operations in subsequent years. These funds are designated as nonlapsing, meaning they will not expire at the end of the fiscal year. The bill is set to take effect on July 1, 2026.