School and Community Summer 2024

10 | SUMMER 2024 S&C Expansion of Early Childhood Funding Doubled the amount of students that districts may receive payment to educate. Expansion of Early Childhood Funding Doubled the amount of students that districts may receive payment to educate. By July 1, 2025: Teacher Salaries Missouri minimum teacher salaries have not been changed since legislation that was passed in 2005. The current minimum teacher salary is $25,000 and the minimum salary for a full-time teacher with a master’s degree and at least ten years’ teaching experience is $33,000. Under SB727, the minimum salary by the 2025-26 school year will be $40,000 for all teachers. For master’s +10, the minimum will be $46,000. When fully phased in, the bill will raise the salaries of 9,697 teachers in 414 districts. Creates a two-year scholarship that will pay 100% of the costs for teacher preparation program tuition. The scholarship can be used by a Missouri resident that agrees to teach in a Missouri public school that is a hard-to-staff school or teach at least one hard-to-staff subject area for two years for every one year they received the scholarship. 100% teacher prep tuition costs (capped at the amount of Mizzou tuition) Expansion of Early Childhood Funding Teacher Recruitment and Retention State Scholarship Program 200 scholarship and $1.2 M 2025-26, 400 scholarships and $2.4 million Fully Funded in the State Budget : Foundation Formula Transportation Career Ladder Baseline Salary Grant Fully Funded in the State Budget : Foundation Formula Transportation Career Ladder Baseline Salary Grant that districts may receive payment to educate. Expansion of Early Childhood Funding that districts may receive payment to educate.

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By the 2026-2027 school year: Teacher Salaries Master’s +10 minimum will be $47,000

Teacher Recruitment and Retention State Scholarship Program 440 scholarships and $2.6 million

Foundation Formula Attendance Calculation Change The calculation for weighted average daily attendance, a major component for public school funding under the formula would be changed to allow for a combination of student enrollment and attendance, resulting in increased funding for the foundation formula. The change would phase in over five years and would not require any additional programs or costs to local districts. 90% attendance, 10% enrollment ($41 million) Changes to Four-Day School Weeks In school districts in counties with a charter form of government, or cities with a population greater than 30,000 the district must get voter approval to utilize a four-day school week. For districts that use a calendar of 169 days or more, DESE will issue those districts an additional state aid payment based on 1 percent of their preceding year state aid entitlement, and 2% each year after that may only be used for teacher salaries.

Members can pay back

anything over earnings limit instead of losing entire month’s pension.