State Equalization Aid. Increase state equalization aid by $285 million in 2005-06 and $415 million in 2006-07. Total increase of $700 million. Equivalent to annual increases of 6.6% in the first year and 2.8% in the second year.

School Levy Credit. Increase of $150 million for 2007-08, with the additional money distributed under a new formula based on property-value equalization. This, combined with the increase in equalization aid, allows the state to return to two-thirds funding by the end of the biennium.

Revenue Limits. No change in basic revenue limits. Based on current projections of inflation, current law estimates revenue limit adjustments would increase $248 per pupil in 2005-06 and $252 in 2006-07. Doyle’s proposed “property tax freeze” would not apply to school districts.

Transportation Aid. Increase from current $17.7 million to $20.9 million in 2005-06 and $30.9 million in 2006-07. Total increase of $16.4 million over the biennium. Funding would be switched from GPR to the state Transportation Fund. Reimbursement increases would be concentrated on routes of 8 miles or more, where rates would double (up to a maximum $200 per student).

Special Education Categorical Aid. No increase in 2005-06; $12 million increase in 2006-07.

High Cost Special Education Initiative. Create a new grant program in 2006-07 to provide $3.5 million to help offset the costs of educating students with high-cost special needs. The grants will reimburse 90 percent of costs in excess of $30,000 per special education student.

Bilingual-Bicultural Education Aid. Increase aid by $2.4 million over the biennium, enough to keep the reimbursement ratio at its current level of 12%. No funds for currently ineligible students.

SAGE. Increase per-pupil reimbursements from $2,000 to $2,250 in 2005-06 and $2,500 in 2006-07. Fund an estimated 10 additional schools to enter the program. Total increase of $44.1 million over the biennium.

Four-Year-Old Kindergarten: Create a new grant program with $3 million in 2006-07 expenditure authority for four-year-old kindergarten start-up grants.

Declining Enrollment Districts. Allow districts to set revenue limits at the greater amount determined by using either a 3-year or 5-year rolling average of pupil enrollment.

Low Revenue Ceiling. Increase the low revenue ceiling exemption from $7,800 in 2004-05 to $8,100 in 2005-06 and $8,400 in 2006-07.

Carryover of Unused Revenue Limit Authority. Allow school districts to carry forward to the next school year 100 percent of any unused revenue limit authority in the current year.

QEO. Repeal the QEO.

Teacher Compensation Pilot. Create a pilot grant program for districts to develop innovative compensation plans for teachers. $1.8 million over the biennium.

Mentoring Grants for Initial Educators. Create a categorical aid grant program to support the costs of establishing mentor programs for initial educators. $2.625 million over the biennium.

School Breakfast. Increase reimbursements from 10 cents to 15 cents. $1.3 million over the biennium.

District Fund Balances. Require a separate vote by a school board to maintain a general fund ending balance in excess of 90 percent of the statewide average.