22-54-146. Hold-harmless at-risk funding - 2023-24 and 2024-25 budget years - repeal

22-54-146. Hold-harmless at-risk funding - 2023-24 and 2024-25 budget years - repeal. (1) (a) For the 2023-24 budget year, a district's at-risk funding, as determined pursuant to section 22-54-104 (4), is the greater of the district's at-risk funding amount for the 2022-23 budget year or the district's at-risk funding amount for the 2023-24 budget year. (b) For the 2024-25 budget year, a district's at-risk funding, as determined pursuant to section 22-54-104 (4), is the greater of the district's at-risk funding amount for the 2023-24 budget year or the district's at-risk funding amount for the 2024-25 budget year. (2) (a) If, pursuant to subsection (1)(a) of this section, a district's at-risk funding amount for the 2022-23 budget year was greater than the district's at-risk funding amount for the 2023-24 budget year, any additional amount owed to that district for at-risk funding for the 2023-24 budget year must be paid after mid-year revisions are made to replace projections with actual figures. (b) If, pursuant to subsection (1)(b) of this section, a district's at-risk funding amount for the 2023-24 budget year was greater than the district's at-risk funding amount for the 2024-25 budget year, any additional amount owed to that district for at-risk funding for the 2024-25 budget year must be paid after mid-year revisions are made to replace projections with actual figures. (3) This section is repealed, effective July 1, 2025.