Senate Bill 670 Summary

• Repeals all existing school funding allotments and replaces them with a weighted student funding model based on average daily membership (ADM) and student characteristics.

• Establishes seven weighted funding categories: grades K-5 (31%), grades 8-12 (29%), economically disadvantaged students (38%), small county units (32%), exceptional children (130%), gifted students (4%), and limited English proficient students (10%) for fiscal years 2023-2025.

• Requires biannual reports from local school boards on classroom organization, teacher funding sources, student-teacher ratios for K-3, and program enhancement teachers, with State Board audits to verify compliance.

• Maintains student-teacher ratio requirements for kindergarten through third grade (1:18, 1:16, 1:17, 1:17 respectively) with limited exceptions for dual language immersion and program enhancement classes.

• Creates an ADM Contingency Reserve to fund school units whose enrollment increases exceed initial funding determinations, effective July 1, 2023.