Summary of 2009 School Finance Bill, SB09-256

Senate Bill 09-256 amends the Public School Finance Act of 1994 to provide funding for school districts for the 2009-10 budget year. Senate Bill 09-259, the "Long Bill," appropriates most of the money distributed to school districts. Highlights of funding provided to school districts by the two bills follows. This memorandum also contains a more detailed summary of Senate Bill 09-256 and a printout with estimates of school district funding for the upcoming school year. Senate Bill 09-256 was signed by the Governor on May 21, 2009.