Modifies school district property tax cap law; appropriates $67.9 million to provide additional State school aid to school districts experiencing reductions in 2025-2026 school year.
Provides tax levy cap adjustment for certain school districts experiencing reductions in State school aid.
Provides tax levy cap adjustment for certain school districts experiencing reductions in State school aid.
Provides tax levy cap adjustment for certain school districts experiencing reductions in State school aid.
Provides tax levy cap adjustment for certain school districts experiencing reductions in State school aid.
Provides tax levy growth limitation adjustment for school districts experiencing reduction in State aid.
Provides tax levy growth limitation adjustment for school districts experiencing reduction in State 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.
Establishes Stabilized School Budget Aid Grant Program to restore certain portions of State school aid reductions; permits certain school districts to exceed tax levy growth limitation in 2024-2025 school year; appropriates $44.7 million.