Requires five-year average of equalized property valuation be used in calculation of local share under State school funding formula.
Requires five-year average of equalized property valuation be used in calculation of local share under State school funding formula.
Requires five-year average of equalized property valuation be used in calculation of local share under State school funding formula.
Excludes nonpublic school transportation costs from calculation of school district local share.
Includes value of certain properties exempt from taxation in valuation used to calculate State school aid.
Includes value of certain properties exempt from taxation in valuation used to calculate State school aid.
Includes value of certain properties exempt from taxation in valuation used to calculate State school aid.
"Fully Funding Schools and Cutting Property Taxes Act"; repeals certain sections of law; requires additional aid to lower property taxes commensurate with residents' ability to support schools; appropriates $2.9 billion.
"Fully Funding Schools and Cutting Property Taxes Act"; repeals certain sections of law; requires additional aid to lower property taxes commensurate with residents' ability to support schools; appropriates $2.9 billion.
Eliminates use of census-based funding of special education aid in school funding law.