The bill, H.B. No. 248, amends the Education Code to adjust the small and mid-sized district allotment under the public school finance system in Texas. Specifically, it modifies the formulas used to calculate annual allotments for school districts based on their average daily attendance (ADA). For districts with fewer than 1,600 students, the allotment formula is updated to use a multiplier of .0008 instead of the previous .0004. Additionally, for districts with fewer than 5,000 students, the formula for calculating the allotment is revised to use a multiplier of .00005 instead of .000025. Furthermore, for districts with fewer than 300 students that are the only school district in their county, the bill changes the allotment formula to use a multiplier of .00094 instead of .00047. These changes aim to provide increased financial support to smaller school districts, ensuring they receive adequate funding based on their student populations. The bill is set to take effect on September 1, 2025.

Statutes affected:
Introduced: Education Code 48.101 (Education Code 48)