Modifies provisions governing calculations for state aid to public schools

HB 98 modifies how Missouri calculates state funding for public schools by changing key formulas for determining school district aid. It updates definitions for "average daily attendance" (including summer school and special residency rules) and "current operating expenditures" (excluding certain federal funds and specific state payments). The bill also adjusts the "dollar-value modifier" to account for regional cost differences using wage data from the Bureau of Economic Analysis. These changes directly affect school districts receiving state aid, as they determine the final funding amount based on updated attendance and expenditure calculations. The policy focuses on refining the funding formula rather than altering core education programs.