This bill amends existing law (RCW 28A.510.250) to set a monthly state general fund apportionment schedule to educational service districts and school districts for an "apportionment year" defined as September 1 through August 31. It replaces or specifies percentages for each month of the apportionment year (September 9.0%; October 8.0%; November 5.0%; December 9.0%; January 9.0%; February 9.0%; March 10.0%; April 9.0%; May 6.0%; June 6.0%; July 10.0%; August 10.0%) and directs apportionments to be made "on or before the last business day of September 1969 and each month thereafter" (the chunk does not explain the significance of the 1969 date). The bill also creates a procedural mechanism allowing a school district to petition the Superintendent of Public Instruction for an emergency advance of up to 10% of the district's total annual amount due and apportionable for its apportionment year; the superintendent determines whether an emergency warrants the advance and whether funds are available. If approved, the superintendent may add the advance amount to the apportionment for the educational service district in which the school district is located, and the superintendent must deduct emergency advances and interest earned by school districts on temporary surpluses from the remaining amount apportionable to those districts during that apportionment year. Affected parties identified in the text include the Superintendent of Public Instruction, educational service districts, school districts, and the state general fund. The act takes effect September 1, 2026. The provided text contains parenthetical strings and a parenthetical subsection regarding the 2010–11 school year that are not clearly identified as additions, deletions, or historical text, so the status of those portions is uncertain from these excerpts.

If enacted, the bill fixes how much of a district’s yearly state funding is paid each month by setting specific percentages for September through August, which will change districts’ monthly cash flow and budgeting predictability. School districts can also ask the Superintendent of Public Instruction for a one-time emergency cash advance up to 10% of their annual apportionable amount; if approved and funds are available, that advance can be included in the educational service district’s apportionment but is later taken back by reducing the district’s remaining monthly payments during the same apportionment year, and any interest earned on the advance will be deducted too. The act would take effect September 1, 2026. The groups most affected are school districts (who will see different timing of payments, a short-term borrowing option, and the risk of reduced later payments and forfeited interest), educational service districts (which may receive adjustments to their monthly apportionments), the Superintendent (who gains discretionary authority to approve advances and must manage funds availability), and the state general fund (which supplies the cash and may face timing pressures). The bill text includes unclear parenthetical material and an unexplained 1969 date and a 2010–11 subsection shown in parentheses; those ambiguities and the lack of accompanying fiscal detail leave some implementation and budget impact questions unresolved.