Bill
SCR 1034
Overview: SCR 1034, "school districts; aggregate expenditure limitation", is currently in the Senate Second Reading status after being introduced on February 10, 2025.Purpose and I
Overview: SCR 1034, "school districts; aggregate expenditure limitation", is currently in the Senate Second Reading status after being introduced on February 10, 2025.
Purpose and Intent: The purpose of this concurrent resolution is to provide school districts with temporary relief from the state's aggregate expenditure limitation, which caps the amount of money school districts can spend.
Key Provisions:
- Suspends the aggregate expenditure limitation for school districts for the 2025-2026 and 2026-2027 fiscal years.
- Allows school districts to exceed the expenditure limitation without seeking voter approval.
- Requires the legislature to appropriate additional funding to cover the increased expenditures.
Affected Parties and Impacts: This resolution would directly benefit school districts by giving them more financial flexibility and the ability to spend more on educational programs and services. It could also lead to increased state funding for education.
Procedural and Timeline Considerations: The resolution is currently in the Senate Second Reading stage, meaning it has passed the initial committee process and is now being considered by the full Senate. If passed by the Senate, it would then go to the Governor for signature or veto.
Compiled from official sources — confirm details with the bill’s official record.
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