School and Community Summer 2024

$40,000 placed in state law to be used for raising both the baseline minimum and master’s minimum salary increases. $40,000

8 | SUMMER 2024 S&C Master’s Plus 10 Salary Raised doubled, adding $15 million each year. Master’s Plus 10 Salary Raised doubled, adding $15 million each year. 2030-31 AND ALL SUBSEQUENT YEARS 600 scholarships and $3.4M Foundation Formula Calculation Change MSTA’s 2024 Legislative Session Successes will allow for $227 million to fund to public schools through foundation formula. Small Schools Grant foundation formula. MSTA’s 2024 Legislative Session Successes will allow for $227 million to fund to public schools through foundation formula. doubled, adding $15 million each year. Foundation Formula Calculation Change Teacher Salary from the embarrassingly low $25,000 in state statute to $40,000 in 2025-26, with future growth tied to inflation. Foundation Formula Calculation Change Legislative Session Successes will allow for $227 million to fund to public schools through foundation formula. Raised Minimum Teacher Salary from the embarrassingly low $25,000 in state statute to $40,000 in 2025-26, with future growth tied to inflation. $48,000,000 100% Small Schools Grant Small Schools Grant Raised Minimum Teacher Salary from the embarrassingly low $25,000 in state statute to $40,000 in 2025-26, with future growth tied to inflation. $48,000,000 teacher prep tuition costs (capped at the amount of Mizzou tuition) teacher prep tuition costs (capped at the amount of Mizzou tuition) 2030-31 AND ALL SUBSEQUENT YEARS 600 scholarships and $3.4M $48,000,000 2030-31 AND ALL SUBSEQUENT YEARS 600 scholarships and $3.4M 100% 100% from $33,000 in current law, increasing each year. Both minimums will then be indexed to inflation, not to exceed 3 percent. Master’s Plus 10 Salary Raised Small Schools Grant Foundation Formula Calculation Change from $33,000 in current law, increasing each year. Both minimums will then be indexed to inflation, not to exceed 3 percent. Master’s Plus 10 Salary Raised doubled, adding $15 million each year. from $33,000 in current law, increasing each year. Both minimums will then be indexed to inflation, not to exceed 3 percent. Master’s Plus 10 Salary Raised doubled, adding $15 million each year. Small Schools Grant Legislative Session Successes will allow for $227 million to fund to public schools through foundation formula. from $33,000 in current law, increasing each year. Both minimums will then be indexed to inflation, not to exceed 3 percent. Foundation Formula Calculation Change Small Schools Grant Master’s Plus 10 Salary Raised Legislative will allow for $227 million to fund to public schools through foundation formula. doubled, adding $15 million each year.

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$25,000 $25,000

440 scholarships & $2.6M 2026-27 480 scholarships & $2.8M 2027-28 400 scholarships & $2.4M 2025-26 520 scholarships & $3M 2028-29 560 scholarships & $3.2M 2029-30 440 scholarships & $2.6M 2026-27 480 scholarships & $2.8M 2027-28 400 scholarships & $2.4M 2025-26 520 scholarships & $3M 2028-29 560 scholarships & $3.2M 2029-30 placed in state law to be used for raising both the baseline minimum and master’s minimum salary increases. $48,000,000 440 scholarships & $2.6M 2026-27 480 scholarships & $2.8M 2027-28 teacher prep tuition costs (capped at the amount of Mizzou tuition) 200 scholarships & $1.2M 2024-25 400 scholarships & $2.4M 2025-26 520 scholarships & $3M 2028-29 560 scholarships & $3.2M 2029-30 Teacher Baseline Salary Fund placed in state law to be used for raising both the baseline minimum and master’s minimum salary increases. Teacher Baseline Salary Fund $25,000 Teacher Baseline Salary Fund placed in state law to be used for raising both the baseline minimum and master’s minimum salary increases. 200 scholarships & $1.2M 2024-25 200 scholarships & $1.2M 2024-25

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