WA SB6310

Reduces the base per-student allocation for materials, supplies, and operating costs from $1,614.28 to $1,109.28, with annual inflation adjustments beginning in the 2026-27 school year

Creates a new separate funding stream for school district utilities and insurance costs beginning in the 2028-29 school year, with allocations intended to cover 100 percent of actual costs

Requires school districts to report utilities and insurance expenditures three times per year (October, February, and May) starting in the 2026-27 school year

Directs the Office of the Superintendent of Public Instruction to calculate district allocations using regression analysis of actual costs combined with actuarial analysis of projected insurance costs developed with self-insurance pools

Removes utilities and insurance from the list of operating cost categories that districts must report under the general materials and supplies reporting requirements