SSB 3064 – FY18 Categorical Supplemental State Aid
SSB 3065 – FY18 Basic School Funding – Supplemental State Aid
COMMITTEE ACTION:
SSB 3064 sets the categorical state supplemental aid/allowable growth rate for school year for FY18 at 4 percent. Based on a 4 percent growth rate in FY17 (still to be decided), this means a 4 percent increase in FY18 categorical funding totals $541 million, an increase of $73 million compared to the previous year. In 2008, the Legislature provided a categorical state supplemental aid formula for three long-standing education line-item appropriations. These appropriations are 100 percent state aid: Teacher Quality and Phase II, Professional Development and Early Intervention (also known as Class-size reduction money), and the Teacher Leadership Compensation Program.
Funding amounts (including Area Education Agencies) for each initiative include:
- Teacher Salary Supplement: $306.8 million, or an $11.8 million increase
- Professional Development: $34.8 million, or a $1.3 million increase
- Class-size Reduction, Early Intervention: $35.8 million, or a $1.4 million increase
- Teacher Leadership Compensation: $163.6 million, a $58.5 million increase
[2/3: 9-5 (party-line, Zaun excused)]
SSB 3065 is the basic school funding bill for FY18. It sets supplemental state aid/allowable growth at 4 percent for the 2017-18 school year. Assuming a 4 percent increase for FY17 (still to be decided in conference committee), that means FY18 would total $3.369 billion, an increase of $188.7 million compared to FY17. At 4 percent, the state cost per pupil funding would increase from $ $6,704 to $6,972 (a $268 increase). The budget guarantee represents $1.6 million in local property taxes to reach the 101 percent funding level provided by the guarantee. There would be 35 school districts on the budget guarantee.
[2/3: 9-5 (party-line, Zaun excused)]