The bill, introduced by Representative Glassburn, seeks to amend various sections of the Revised Code concerning Ohio's public school financing system, particularly focusing on the calculation of base costs for public schools. It includes amendments to sections 3317.011, 3317.012, 3317.018, 3317.0110, and 3317.022, and introduces a new section, 3317.41. The proposed changes will utilize fiscal year 2022 data to calculate average salaries and costs for school staff for fiscal years 2026 and 2027. Key insertions include updated methodologies for calculating aggregate base costs, which encompass teacher costs, student support costs, and leadership accountability costs, ensuring that the funding system reflects current salary data and adequately supports educational needs.

Additionally, the bill outlines specific funding formulas for various educational programs, including special education and career-technical education, with provisions for community and STEM schools. It mandates that funds allocated for English learners and gifted students be used solely for designated services and introduces scholarship distribution provisions for students receiving educational choice and special needs scholarships. The bill also proposes significant financial adjustments, increasing the total education budget and enhancing funding for special education and pupil transportation, while repealing certain existing sections to streamline the funding process. Overall, the bill aims to enhance educational funding and support in Ohio, ensuring equitable access to quality education for all students.

Statutes affected:
As Introduced: 3317.011, 3317.012, 3317.018, 3317.0110, 3317.022, 265.10, 265.150, 265.190, 265.450, H.B, 3317.41