Direct Aid to Public Education (197)
Request Title | Direct Aid - Sales Tax Base Expansion New Economy |
Biennium | 2024-2026 |
Budget Round | Initial Bill |
Half Sheet Number | 125 #9c |
Description
This amendment provides an additional $53.3 million the first year and $133.0 million the second year in additional sales tax distributions to school divisions resulting from the expansion of the sales tax base to include digital products and services. Sales tax distributions reduce the state's share of basic aid funding, resulting in a net increase of $23.7 million the first year and $59.2 million the second year. |
Funding Details
By Program | Program Code | Program Title | FY 2024 | FY 2025 |
178 | State Education Assistance Programs | $23,722,866 | $59,195,908 | |
By Fund | Fund Code | Fund Title | FY 2024 | FY 2025 |
01000 | General Fund | $23,722,866 | $59,195,908 |
Authorized Position Details
By Program | Program Code | Program Title | FY 2024 | FY 2025 |
p3_opview - Official Enacted Budget View Operating Bullet Details - 06-07-2025 15:51:32