The bill amends the Education Code to update the basic allotment and guaranteed yield under the Foundation School Program. Specifically, it increases the allotment per student in average daily attendance from $6,160 to $7,564. This change is reflected in Section 48.051(a), where the new allotment amount is inserted, and the previous amount is deleted. Additionally, Section 48.202(a-1) is amended to adjust the guaranteed level of state and local funds per weighted student, also replacing the previous figure of $6,160 with the new amount of $7,564 in the calculations for tax revenue and tax effort.

The bill aims to enhance funding for school districts by ensuring that the allotment and guaranteed yield are more reflective of current financial needs. The changes will take effect on September 1, 2025, allowing districts to prepare for the updated funding structure. Overall, this legislation seeks to provide greater financial support to Texas schools, thereby improving educational resources and opportunities for students.

Statutes affected:
Introduced: Education Code 48.051 (Education Code 48)