3 and related legislation during the 86th Session represents the
most significant change in the financing of public education since at least
1984. Like the 1984 legislation, the
effects of HB 3 will not be fully implemented in just a year or two. The success of the new legislation will be
heavily influenced by both the ability of the state to maintain its financial
commitments and the degree of commitment to making further reforms in public
education during the 87th Session.
State actions and studies regarding school safety and special education
financing will be given particular attention, and the multitude of formula
changes still in process will be reviewed, including the potential for
legislative and/or administrative action.