Repost!  The initial House budget has been released and true to the commitment of incoming Speaker Dennis Bonnen, public education has been made priority one. The budget calls for $9 billion in new state funding for public education over the next two years contingent upon legislation passing that "...increases the state share of the Foundation School Program, enhances district entitlements, reduces recapture, and provides local property tax relief, while maintaining an equitable system of school finance." The budget language specifies that a portion of the new funding will be used to provide local property tax relief; however, no specific amount is provided. It should be noted that the proposed $9 billion increase is above the $2.4 billion appropriated for student enrollment growth and the $2.2 billion included for the increase in the Golden Penny Guaranteed Yield, which increases to $126.88 in 2020 and $135.92 in 2021. You can view the proposed 2020-2021 House budget. The relevant language regarding the increase is located in Article III on page 27 in Rider 77.