Total funding formula; increase gifted education weight and multiplier, and include 7th- and 8th-grade students in CTE weight.

Increased the weight and multiplier for gifted education funding, changing from 10% of net enrollment multiplied by 14.5% to 5% of net enrollment multiplied by 14.5% (with additional text indicating a potential further increase to 10% of net enrollment multiplied by 14.5%).

Added new provisions for calculating weighted enrollment for sparsely populated districts, including a sparsity weight calculation based on students per square mile.

Modified the low-income student weight calculation to apply a 10% weight only to low-income students exceeding 35% of net enrollment, with additional calculation for when the total percentage of applicable students exceeds 35%.

Added a requirement that amounts provided to school districts as a result of the gifted education weight and multiplier must go directly toward gifted education instruction.

Expanded career and technical education funding eligibility to include seventh and eighth-grade students in addition to ninth through twelfth grade students.