Public Education Funding Amendments

HB 497 adjusts Utah's public education funding formula to provide additional support for schools experiencing enrollment declines. It requires the Office of Legislative Fiscal Analyst to calculate and add funding to the Minimum School Program when enrollment drops, specifically increasing the weighted pupil unit value based on projected enrollment-related budget reductions. This change directly affects public schools with declining student enrollment by ensuring their funding levels are adjusted to account for reduced revenue from the Uniform School Fund. The bill updates existing code (53F-9-201.1) and takes effect on July 1, 2026, without appropriating new funds.