The equalization of school district local tax levies dedicated to capital improvements continues to be a growing part of the SEEK budget. An additional $66.9 million in fiscal year 2027 and $41.1 million in fiscal year 2028 is included in Equalized Facilities Funding.
The base budget includes General Fund in the amount of $5,000,000 in each fiscal year to support a three-year pilot program of five Star Academy schools. The budget includes an additional $5,000,000 for a total of $10,000,000 in fiscal year 2028 for the three-year pilot program of five Star Academy schools.
The following elements comprise the SEEK budget for fiscal years 2027 and 2028:
| Category | FY 2027 | FY 2028 |
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| Base Funding | $ 2,101,969,500 | $ 2,120,831,000 |
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| Pupil Transportation | $ 398,884,500 | $ 398,884,500 |
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| Tier I Funding | $ 251,849,500 | $ 238,638,400 |
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| Teachers' Retirement Contributions | $ 529,410,000 | $ 541,260,000 |
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| Equalized Facilities Funding | $ 298,930,200 | $ 273,117,100 |
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| Vocational Transportation | $ 7,833,100 | $ 7,833,100 |
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| National Board Salary Supplement | $ 4,655,500 | $ 4,655,500 |
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| Audio/Speech Path Salary Supplement | $ 2,312,000 | $ 2,312,000 |
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| Star Academy | $ 5,000,000 | $ 10,000,000 |
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| Certified and Classified Salary Increase | $ 158,800,000 | $ 158,800,000 |
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