Mid-Year Adjustments to School Funding
| Type | Bill |
|---|---|
| Session | 2025 Regular Session |
| Subjects |
Concerning adjustments to school funding for the 2024-25 budget year, and, in connection therewith, increasing an appropriation.
Bill Summary:
The general assembly recognizes that for the 2024-25 budget year, the actual funded pupil count is higher than anticipated when the appropriation was established in the 2024 legislative session for total program funding for the 2024-25 budget year. In addition, local property tax revenue and specific ownership tax revenue are lower than anticipated, resulting in a decrease in the local share of total program funding for the 2024-25 budget year.
The act declares the general assembly's intent to increase the state share of districts' total program funding by $64,076,611 for the 2024-25 budget year.
The act adjusts a repeal date for the total program reserve fund.
(Note: This summary applies to this bill as enacted.)
Prime Sponsors
Senator
Jeff Bridges
Senator
Barbara Kirkmeyer
Representative
Shannon Bird
Representative
Rick Taggart
If you require reasonable accessibility accommodation to access this content, please email accessibility@coleg.gov.
Related Documents & Information
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 25-113 to the Committee of the Whole. | The motion passed on a vote of 10-1. | Vote summary |
| Activity | Vote | Documents |
|---|---|---|
| Refer Senate Bill 25-113 to the Committee of the Whole and with a recommendation that it be placed on the consent calendar. | The motion passed on a vote of 7-0. | Vote summary |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 02/13/2025 | Third Reading | BILL |
63
AYE
2
NO
0
OTHER
|
Vote record |
| Date | Calendar | Motion | Vote | Vote Document |
|---|---|---|---|---|
| 02/06/2025 | Third Reading | BILL |
31
AYE
0
NO
4
OTHER
|
Vote record |
| Date | Location | Action |
|---|---|---|
| 02/27/2025 | Governor | Governor Signed |
| 02/21/2025 | Governor | Sent to the Governor |
| 02/21/2025 | House | Signed by the Speaker of the House |
| 02/21/2025 | Senate | Signed by the President of the Senate |
| 02/13/2025 | House | House Third Reading Passed - No Amendments |
| 02/12/2025 | House | House Second Reading Special Order - Passed - No Amendments |
| 02/11/2025 | House | House Committee on Appropriations Refer Unamended to House Committee of the Whole |
| 02/06/2025 | House | Introduced In House - Assigned to Appropriations |
| 02/06/2025 | Senate | Senate Third Reading Passed - No Amendments |
| 02/05/2025 | Senate | Senate Second Reading Special Order - Passed - No Amendments |
| 02/04/2025 | Senate | Senate Committee on Appropriations Refer Unamended - Consent Calendar to Senate Committee of the Whole |
| 02/03/2025 | Senate | Introduced In Senate - Assigned to Appropriations |
Prime Sponsor
Sponsor
Co-Sponsor
| Effective Date | Chapter # | Title | Documents |
|---|---|---|---|
| 02/27/2025 | 2 | Mid-Year Adjustments to School Funding |