Friday, May 10, 2024

Updating FY25

 For those who find this useful: I've updated my FY25 spreadsheet with the Senate Ways and Means budget. Note that I have NOT waded through the House amendments that passed, but I do know that no large accounts were change (yes, there were earmarks). 

A few random observations:

  • The Senate keeps the $104 minimum per pupil, but puts it into the chapter 70 line itself, which means it is not coming out of Fair Share, but general fund revenue, on which the Senate differs from the House. 
  • The Senate drops the support for free lunch back down $20M to the $170M proposed by the Governor. The House thought it would cost $190M. This one worries me, as it's a mandate that is subject to appropriation, and the districts will be on the hook if the state doesn't come through with funding. Remember this has had to be backfilled with supplemental budget funds to run this year.
  • The Senate funds the Governor's much-advertised "Literacy Launch" at $10M, not the $30M she submitted and the House agreed on. That feels like it might be heading for less than $30M. 

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