OklahomaHB 1086Oklahoma 2026 Regular SessionHouse

School funding; school district general funds; general fund carryover; State Aid; calculation of per pupil revenue; exceptions; effective date; emergency.

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Bill Overview

Analyzed Economic Effects

3 provisions identified: 1 benefits, 1 costs, 1 mixed.

Schools get another year without carryover penalties

Effective July 1, 2025, the law extends Oklahoma schools’ exemption from the general fund balance penalty. Districts exceeding carryover limits during the fiscal year beginning July 1, 2024, are exempt. That year joins the previously exempt fiscal years beginning July 1, 2020, through July 1, 2023. The exemption protects district funds rather than providing household payments.

School donations count toward carryover rules

Beginning July 1, 2025, Oklahoma counts certain school gifts, grants, and donations as general fund collections when calculating carryover. This covers money placed in the general fund for noncapital costs, such as maintenance and supplies. Districts can still carry this money into later years, but it is no longer excluded from the calculation. This can affect whether districts exceed carryover limits and face a State Aid penalty.

Schools get revised state funding calculations

Beginning July 1, 2025, Oklahoma changes its July revenue-per-student calculation for school districts. It divides district revenue from two years earlier by weighted average daily student membership from that same year. The result helps determine eligibility for State Aid and supplements. Districts with per-student revenue above 300% of the state average receive neither.

Sponsors & Cosponsors

Sponsor

Dick Lowe
Republican • House

Cosponsors

Adam Pugh
Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 259 • No: 7

House vote • 5/14/2025

FOURTH READING

Yes: 78 • No: 7

Senate vote • 5/6/2025

THIRD READING

Yes: 46 • No: 0

Senate vote • 4/15/2025

Committee vote: Education

Yes: 11 • No: 0

House vote • 3/12/2025

THIRD READING

Yes: 82 • No: 0

House vote • 3/5/2025

DO PASS

Yes: 33 • No: 0

House vote • 2/19/2025