AR HB1663

Increases per-student foundation funding from $6,393 to $6,584 for the 2015-2016 school year and from $6,521 to $6,646 for the 2016-2017 school year and thereafter.

Raises alternative learning environment funding from $4,305 to $4,471 for the 2015-2016 school year and from $4,383 to $4,560 for the 2016-2017 school year and thereafter.

Increases English-language learner funding from $311 to $324 per student for the 2015-2016 school year and from $317 to $331 for the 2016-2017 school year and thereafter.

Adjusts national school lunch categorical funding with tiered amounts based on district poverty levels, ranging from $1,562-$1,576 for high-poverty districts to $522-$526 for low-poverty districts.

Reduces professional development funding to $32.40 per average daily membership for 2015-2016 and 2016-2017 school years and directs education committees to study transportation funding models for future recommendations.