amend the manner of calculating state aid to general and special education funding.

HB 1205 amends South Dakota's formula for calculating state aid to school districts for general and special education funding. It updates key definitions, including how "fall enrollment" is calculated (subtracting certain tuition-receiving students and adding those for whom the district pays tuition) and revises the target teacher ratio factor based on district size. The bill also establishes a new method for calculating target teacher compensation, linking it to the consumer price index and requiring annual adjustments. This directly affects all South Dakota public school districts receiving state education funding.