H.F. 315 Section 1. Section 257.14, subsection 1, Code 2025, is 1 amended to read as follows: 2 1. a. For the budget year commencing July 1, 2016, and 3 succeeding budget years, a school district shall be eligible 4 for a budget adjustment in an amount equal to the difference 5 between the regular program district cost for the budget year 6 and one hundred one percent of the regular program district 7 cost for the base year. 8 b. If a school district receives a budget adjustment under 9 this section in the base year and during such base year or 10 the budget year preceding the base year a natural disaster 11 impacts the school district for which a major disaster has 12 been declared to exist by the president of the United States 13 or for which the governor has proclaimed a state of disaster 14 emergency, the school district shall be eligible for a budget 15 adjustment in an amount equal to the amount of the school 16 district’s budget adjustment for the base year. 17 EXPLANATION 18 The inclusion of this explanation does not constitute agreement with 19 the explanation’s substance by the members of the general assembly. 20 This bill relates to budget adjustments by school districts 21 affected by a natural disaster. 22 Currently, a school district is eligible for a budget 23 adjustment in an amount equal to the difference between the 24 regular program district cost for the budget year and 101 25 percent of the regular program district cost for the base year. 26 The bill provides for an additional year of budget 27 adjustment if, during the base year or the budget year 28 preceding the base year, a natural disaster impacts the school 29 district for which a major disaster has been declared to exist 30 by the president of the United States or for which the governor 31 has proclaimed a state of disaster emergency. The amount of 32 such additional year of budget adjustment shall be equal to the 33 amount of the school district’s budget adjustment for the base 34 year. 35 -1- LSB 1678HV (1) 91 jm/md 1/ 1