Relating to an annual adjustment to the basic allotment under the Foundation School Program to reflect inflation.

HB 1770 requires Texas school districts to receive annual adjustments to their basic funding under the Foundation School Program to keep pace with inflation. Beginning in the 2026-2027 school year, the funding increase will be the lesser of 3% or the annual inflation rate (based on the Consumer Price Index). This adjustment directly affects all public school districts receiving state funding through the Foundation School Program. The bill ensures school funding maintains its purchasing power over time without requiring annual legislative action for each adjustment. The legislature may still set a lower amount in the budget, but it must not fall below the original funding level.