The bill amends Section 48.111(a) of the Education Code to modify the criteria for determining the fast growth allotment for school districts under the public school finance system. It introduces new language that specifies that a school district is entitled to an annual allotment based on the greater of two calculations: the difference between current and past student enrollment figures, adjusted by a threshold of 250, or the average annual growth in student enrollment over the preceding three years, provided that this growth places the district in the top quartile of enrollment growth statewide.
The changes aim to ensure that districts experiencing significant growth in student enrollment receive appropriate funding to support their needs. The bill is set to take effect on September 1, 2025.
Statutes affected: Introduced: Education Code 48.111 (Education Code 48)