This bill amends existing laws regarding school enrichment funding in Washington State, specifically targeting the maximum dollar amounts that can be levied by school districts for enrichment levies. The bill establishes that for taxes levied for collection through 2029, the maximum levy is set at $2.50 per $1,000 of assessed property value or the maximum per-pupil limit, whichever is lesser. Starting in 2030, this amount increases to $3 per $1,000 of assessed property value. Additionally, the bill introduces new definitions for "inflation" and "inflation enhancement," which will affect the calculation of funding limits. It also clarifies that funds collected for specific purposes, such as transportation vehicles and construction, are not subject to these levy limitations.

Furthermore, the bill outlines the state's obligation to provide local effort assistance funding to supplement school district enrichment levies beginning in 2028. The funding is structured based on the actual enrichment levy rate of eligible school districts, with specific provisions for state-tribal education compact schools. The maximum local effort assistance per pupil is set to increase to $2,600, adjusted for inflation, and the bill includes various definitions to clarify eligibility and funding calculations. The effective date for the new provisions is January 1, 2028.

Statutes affected:
Original bill: 84.52.0531