The bill amends existing laws related to K-12 education funding in Washington State, specifically RCW 28A.510.250 and RCW 28A.500.015. It introduces a new apportionment schedule for school districts for the 2025-26 and 2026-27 school years, adjusting the percentages allocated for February, March, April, and August. The new schedule specifies that February will be apportioned at 8%, March at 8%, April at 8.5%, and August at 12.5%. Additionally, the bill modifies the local effort assistance funding for school districts, raising the threshold for assistance from $1.50 to $1,550 per $1,000 of assessed value, and establishes a new definition for "student enrollment" that accounts for alternative learning experiences.

The bill also includes provisions for state-tribal education compact schools, ensuring they receive local effort assistance funding based on the previous year's enrichment levy per student, capped at $1,550 adjusted for inflation. The effective dates for the new provisions are set for September 1, 2025, for the apportionment changes and January 1, 2026, for the local effort assistance funding adjustments. Overall, the bill aims to enhance funding efficiency and support for K-12 education in Washington State.

Statutes affected:
Original Bill: 28A.510.250, 28A.500.015