HB 1812 - DIGEST

Finds that when K-12 funding formulas and allocations are changed in such a way that state revenues to districts are less than they would have been under a maintenance level state budget, districts' maximum levy amounts are reduced. Districts that received voter approval to collect maximum allowable levies under the prior funding formulas are forced to collect less than the amounts approved by voters.

Declares an intent that changes in state funding formulas should not adversely impact the maximum allowable amounts school districts may levy for maintenance and operation support.