Mississippi Student Funding Formula; bring forward provisions related to.
What changed between versions
Updated the student base amount to $6,695.34 for fiscal year 2025, with provisions for annual inflation adjustments and a minimum increase of 25% of the previous year's base cost multiplied by the 20-year average inflation rate.
Modified the funding formula to apply sparsity weights to districts with fewer than 8 students per square mile, increasing their weighted enrollment for additional funding.
Modified the Education Enhancement Fund distribution to allocate 16.61% to the total funding formula, 7.97% for transportation, 9.61% for classroom supplies, and percentages to higher education institutions.
Added new weighted enrollment categories for low-income students (SNAP, TANF, FDPIR, Medicaid, homeless, migrant, runaway, Head Start, foster children), English Language Learners, gifted students, special education students (Tier I, II, III), and CTE courses.
Added provisions for dual enrollment programs allowing high school students to earn college credit while still in high school, with specific eligibility criteria and funding responsibility guidelines.
Added requirements for school districts to submit comprehensive school safety plans annually and established a School Safety Grant Program for metal detectors, video surveillance, crisis management teams, and violence prevention training.
Modified student-teacher ratio requirements to allow waivers for districts with good faith efforts but lack of classroom space, and exempted high-performing districts from maximum ratio requirements.
Added new definitions for key terms including 'base amount,' 'final weighted enrollment,' 'local contribution,' 'local minimum tax effort,' 'net enrollment,' and 'sparsely populated district or charter school.'
Modified the timeline for student base amount recalculation to occur every fourth fiscal year starting in 2029, with the State Board of Education submitting proposals by August 1.
Added enforcement provisions allowing the State Board of Education to withhold funding from districts that inaccurately report student data and requiring signed affidavits for enrollment data submissions.