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(1) In accordance with Subsection (2), the Legislature shall annually determine:
(a) the estimated state cost of adjusting for inflation in the next fiscal year, based on a rolling five-year average ending in the current fiscal year, ongoing state tax fund appropriations to the following programs:
(i) education for youth in custody, described in Section 53E-3-503;
(ii) the Basic Program, described in Title 53F, Chapter 2, Part 3, Basic Program (Weighted Pupil Units);
(iii) the Adult Education Program, described in Section 53F-2-401;
(iv) state support of pupil transportation, described in Section 53F-2-402;
(v) the Concurrent Enrollment Program, described in Section 53F-2-409; and
(vi) the Enhancement for At-Risk Students Program, described in Section 53F-2-410; and
(b) the estimated state cost of adjusting for enrollment growth, in the next fiscal year, the current fiscal year's ongoing state tax fund appropriations to the following programs:
(i) a program described in Subsection (1)(a);
(ii) educator salary adjustments, described in Section 53F-2-405;
(iii) the Teacher Salary Supplement Program, described in Section 53F-2-504;
(iv) the Voted and Board Local Levy Guarantee programs, described in Section 53F-2-601; and
(v) charter school local replacement funding, described in Section 53F-2-702.
(2)
(a) In or before December each year, the Executive Appropriations Committee shall determine:
(i) the cost of the inflation adjustment described in Subsection (1)(a); and
(ii) the cost of the enrollment growth adjustment described in Subsection (1)(b).
(b) The Executive Appropriations Committee shall make the determinations described in Subsection (2)(a) based on recommendations developed by the Office of the Legislative Fiscal Analyst, in consultation with the state board and the Governor's Office of Planning and Budget.