This bill amends Section 20-9-306 of the Montana Code Annotated to apply inflationary adjustments to various components of the school funding formula. Key changes include updated figures for the basic entitlement, per-ANB entitlements, and various payments related to quality educators, at-risk students, and special education. For instance, the basic entitlement for high school districts is adjusted to $364,401 for fiscal year 2026, with further increases in subsequent years. Additionally, the total quality educator payment is set to increase to $3,783 for fiscal year 2026, and the total special education allocation will rise to $311.63 for the same fiscal year.

The bill also establishes an effective date of July 1, 2025, and specifies that the new provisions will apply to school fiscal years beginning on or after this date. This legislative change aims to ensure that school funding keeps pace with inflation, thereby supporting the financial needs of educational institutions in Montana.

Statutes affected:
LC Text: 20-9-306
HB0015_1: 20-9-306
HB0015_1(3): 20-9-306
HB0015_1(2): 20-9-306
HB0015_1(1): 20-9-306