House Bill 691 Summary

• Replaces "average daily attendance" with "full-time equivalent enrollment" (FTE) throughout Idaho's public school funding formulas to measure student enrollment rather than attendance

• Expands the definition of "local education agency" to include both school districts and public charter schools in funding and reporting requirements

• Revises support unit calculations and funding tables for kindergarten, elementary, secondary, exceptional education, and alternative school programs based on the new FTE metric

• Modifies payment schedules and apportionment procedures for distributing state education funds to districts and allows correction of over/under-apportionments within two fiscal years instead of three

• Declares an emergency to make the act effective immediately upon passage and approval