IA
Iowa Senate Bill SSB1081

Iowa 2023-2024 Regular Session

Iowa Senate Bill SSB1081

Introduced
1/24/23  
Introduced
1/24/23  

Caption

A bill for an act relating to school funding by establishing the state percent of growth and the categorical state percent of growth for the budget year beginning July 1, 2023, modifying provisions relating to the property tax replacement payments and the transportation equity payments, making appropriations, and including effective date provisions.(See SF 192.)

Impact

This bill modifies existing provisions related to property tax replacement payments, revising how these payments are calculated for school districts. From budget years starting July 1, 2023, each school district’s property tax replacement payment will be based on its weighted enrollment multiplied by a specific per pupil amount which has been recalibrated to include new formulas for the basic state cost per pupil and previous fiscal year data. Consequently, this affects how funds are allocated to individual districts, potentially influencing their operational budgets.

Summary

Senate Study Bill 1081 pertains to school funding in Iowa and aims to establish specific growth percentages for the state budget year beginning July 1, 2023. The bill sets a state percent of growth at 2% for this budget year, which will affect the calculation of supplemental state aid as part of the state's school foundation program. It also introduces a categorical state percent of growth of 2% for the same budget year, which includes funding supplements such as those for teacher salary and early intervention.

Contention

The revisions made by this bill to property tax replacement calculations may lead to debates regarding the adequacy and fairness of funding distribution across various school districts. Some stakeholders may argue that this recalibration could disproportionately benefit larger districts or those with higher enrollment numbers, raising concerns about equity in educational funding. Overall, the implications of SSB1081 will be closely watched as they could lead to significant changes in how funding is perceived and allocated in the educational landscape.

Latest SSB1081 Activity

Companion Bills

IA SF192

Replaced by A bill for an act relating to school funding by establishing the state percent of growth and the categorical state percent of growth for the budget year beginning July 1, 2023, modifying provisions relating to the property tax replacement payments, making appropriations, and including effective date provisions. (Formerly SSB 1081.) Effective date: 02/07/2023.

Similar Bills

IA HSB138

A bill for an act relating to public school funding by establishing the state percent of growth and the categorical state percent of growth for the budget year beginning July 1, 2025, modifying provisions relating to the property tax replacement payments and transportation equity payments, modifying provisions relating to the regular program state cost per pupil and funding for shared operational functions, establishing a school district funding supplement, making appropriations, and including effective date provisions.(See HF 319.)

IA HF319

A bill for an act relating to public school funding by establishing the state percent of growth and the categorical state percent of growth for the budget year beginning July 1, 2025, modifying provisions relating to the property tax replacement payments and transportation equity payments, modifying provisions relating to the regular program state cost per pupil and funding for shared operational functions, establishing a school district funding supplement, making appropriations, and including effective date provisions.(Formerly HSB 138.)

IA SF167

A bill for an act relating to school funding by establishing the state percent of growth and the categorical state percent of growth for the budget year beginning July 1, 2025, modifying provisions relating to the property tax replacement payments, modifying provisions relating to the regular program state cost per pupil and funding for shared operational functions, and including effective date provisions. (Formerly SSB 1053.)

IA SF192

A bill for an act relating to school funding by establishing the state percent of growth and the categorical state percent of growth for the budget year beginning July 1, 2023, modifying provisions relating to the property tax replacement payments, making appropriations, and including effective date provisions. (Formerly SSB 1081.) Effective date: 02/07/2023.

IA HF171

A bill for an act relating to school funding by establishing the state percent of growth and the categorical state percent of growth for the budget year beginning July 1, 2023, modifying provisions relating to the property tax replacement payments, making appropriations, and including effective date provisions.(Formerly HSB 117.)

IA HSB117

A bill for an act relating to school funding by establishing the state percent of growth and the categorical state percent of growth for the budget year beginning July 1, 2023, modifying provisions relating to the property tax replacement payments, making appropriations, and including effective date provisions.(See HF 171.)

IA HF2613

A bill for an act relating to school funding by establishing the state percent of growth and the categorical state percent of growth for the budget year beginning July 1, 2024, modifying provisions relating to the property tax replacement payments, making appropriations, and including effective date provisions.(Formerly HSB 712.)

CA AB1449

Education finance: local control funding formula: special education grant.