Fiscal Year 2027
July 1, 2026 through June 30, 2027 — the second year of the FY2026-27 biennium, and the year the Fair School Funding Plan’s six-year phase-in reaches 100%. inference
fiscal-period/fy2027 · 3 nodes point here
Two true statements about the year point in opposite directions. The phase-in will be complete: the state will appropriate the full computed formula amount for the first time since the plan was enacted. And the computed amount will be priced from FY2022 staffing and salary data, five years stale by then, because H.B. 96 carried the reference year forward rather than refreshing it. inference
“Fully funded” and “funded below its own costing” are both accurate descriptions of FY2027. They differ only in which parameter is held fixed, which is why FSFP Phase-In Percentage and Base Cost Per Pupil are separate addressable nodes rather than one figure.
A projection year: nothing here is observed. Enrollment, valuation, and the resulting
per-district amounts all require the project calculator, and any figure attributed to
FY2027 must be tagged as an estimate. open
Properties
| Label | FY2027 |
|---|---|
| Kind | fiscal-year |
| Starts | 2026-07-01 |
| Ends | 2027-06-30 |
| Appropriating bill | Am. Sub. H.B. 96 (136th General Assembly) |
| Context | Terminal year of the FSFP six-year phase-in; the percentage reaches 100% while base cost inputs remain at FY2022. Entirely prospective at the time of writing — no actuals exist and every figure is a projection. |
Links
| Instance of | Fiscal Period |
|---|---|
| Follows | Fiscal Year 2026 |
| Part of | FY2026-27 Biennium |
| Governed by | Fair School Funding Plan |
| Funded by | Am. Sub. H.B. 96 (2025) — FY2026-27 Budget |
Also mentions
Pointed at by
| Guarantee Open Enrollment Clawback | Measured in |
|---|---|
| Temporary Transitional Aid Guarantee | Measured in |
| Phasing Out the Temporary Transitional Aid Guarantee | Runs over |