Establish education inflation reconciliation process

This bill establishes a new process for adjusting Montana K-12 school funding to account for inflation, directly affecting school districts and the state education budget. It requires the superintendent of public instruction to calculate annual funding increases using a specific formula based on the consumer price index, with adjustments capped at 3% per year. The legislation also mandates regular reports comparing actual inflation rates to the funding adjustments made, ensuring future adjustments correct any discrepancies. These changes take effect on July 1, 2025, and aim to align funding calculations with the state's definition of a basic system of free public schools.