The bill amends the Education Code to adjust the components of a school district's enrichment tax rate and the calculation of the guaranteed yield under the Foundation School Program. Specifically, it increases the maximum allowable additional maintenance and operations tax effort from eight cents to ten cents over the maximum tax rate. This change is reflected in the amendment to Section 45.0032(b), which outlines the structure of the enrichment tax rate.

Additionally, the bill modifies the calculation of the guaranteed level of state and local funds per weighted student by updating the parameters used to determine the dollar amount guaranteed level (GL). The amendment to Section 48.202(a-1) maintains the existing formula but adjusts the cents used in the calculation from eight to ten, thereby potentially increasing the funding available to school districts based on their maintenance and operations tax rates. The bill is set to take effect on September 1, 2025.

Statutes affected:
Introduced: Education Code 45.0032 (Education Code 45)