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WY SF0051
Bill
AI Summary
- Modifies how the Wyoming cost-of-living index is applied in the regional cost adjustment for the education resource block grant model used to calculate school district foundation program funding
- Requires the cost-of-living index used for any school year to be the greater of either the average of six consecutive semi-annual index reports or the single most recent semi-annual index report completed by January 1 of the immediately preceding school year
- Mandates the Wyoming cost-of-living index be based on unrecalibrated housing cost index weights unless the legislature determines otherwise upon recommendation of the Joint Education Interim Committee
- Includes a sunset provision repealing the cost-of-living index calculation methodology on July 1, 2026
- Effective July 1, 2023, and sponsored by the Joint Education Interim Committee
Legislative Description
School finance-regional cost adjustment.
Last Action
postponed indefinitely
3/3/2023
Committee Referrals
Appropriations2/8/2023
Education1/10/2023
Full Bill Text
No bill text available