Appropriations: supplemental; supplemental appropriations in the school aid act for fiscal year 2027-2028; provide for. Amends secs. 11 & 17b of 1979 PA 94 (MCL 388.1611 & 388.1617).

HB 5632 is a supplemental appropriations bill that increases funding for Michigan public schools in fiscal year 2027-2028. It amends the School Aid Act to add specific supplemental amounts from multiple funds, including $481,400,000 from the MPSERS retirement reserve fund and $97,037,400 from the state school aid pupil support reserve fund. The bill also modifies the payment schedule for school aid, requiring monthly disbursements from October through August using a 1/11 installment structure, and allows for advance payments under limited circumstances. This directly affects all public school districts and intermediate districts receiving state education funding in Michigan.