House Bill No. 1770 proposes an amendment to the Education Code regarding the annual adjustment of the basic allotment under the Foundation School Program to account for inflation. The bill introduces new provisions that will adjust the basic allotment for each student in average daily attendance starting in the 2026-2027 school year. Specifically, the allotment will increase by the lesser of three percent of the previous year's allotment or the inflation rate as determined by the comptroller based on the Consumer Price Index. Additionally, if the inflation rate is negative, it will be considered as zero for the purposes of this adjustment.

The bill also updates the guaranteed level of state and local funds per weighted student, increasing the amount from $6,160 to $7,500. This change is reflected in the calculations for the dollar amount guaranteed level of state and local funds, ensuring that the new allotment figures are utilized in determining funding levels for school districts. The act is set to take effect on September 1, 2025.

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