Staff Publications Subject(s): Education & School Finance (Pre & K-12) Published: May 2, 2008 Agency: Legislative Council Staff State funding for K-12 public schools is a conglomeration of money allocated through the funding formula in the school finance act, categorical programs, and a variety of other specific-purpose programs. This memorandum summarizes the annual school finance bill, House Bill 08-1388. Highlights of the financial components of the bill follow, and a printout of estimated district-by-district funding is attached. Download Document