OH SB281

Amends Sections 265.10 and 265.210 of H.B. 166 of the 133rd General Assembly to adjust Department of Education appropriations and funding allocations for fiscal years 2020-2021.

Distributes $1,500,000 in each fiscal year from Foundation Funding (appropriation item 200550) to the New Richmond Exempted Village School District to offset effects of power plant devaluations on foundation funding.

Modifies total General Revenue Fund appropriations from $8,188,703,556 to $8,090,538,142 and adjusts Dedicated Purpose Fund allocations from $296,660,945 to $441,875,000.

Increases State Lottery Fund appropriations from $1,151,000,000 to $1,327,000,000, including increases to Foundation Funding ($1,081,400,000 to $1,249,900,000) and Enrollment Growth Supplement ($15,500,000 to $23,000,000).

Maintains existing provisions for special education funding, school choice programs, educational service centers, and other education-related appropriations while preserving flexibility for the Superintendent of Public Instruction to reallocate funds to meet state formula aid obligations.