|SB 6525 - DIGEST|
Finds that: (1) The court ruled in its November 15, 2017, order that it is satisfied that the new salary model provides for full state funding of basic education salaries sufficient to recruit and retain competent teachers, administrators, and staff;
(2) The court took exception that the 2017-2019 budget funds only half of the salary increase called for by the 2018-2019 school year, deferring full funding until the 2019-2020 school year; and
(3) Fully implementing state salary allocations in the 2018-2019 school year substantially alters the carefully calibrated balance between state and local sources of funding for school districts.
Declares an intent to: (1) Recalibrate the balance of state and local funding for school districts in light of the court's latest order;
(2) Fully implement the salary allocations in school year 2018-2019 if school districts accelerate the implementation of certain accounting and budget transparency requirements; and
(3) Reduce local school district levies by an amount equal to the increased state salary allocations that will be made to school districts in school year 2018-2019.