1E Relating to education finance; increasing the equalization aid levels
for
operating referendum and debt service equalization aid programs; modifying
the equalized debt service levy formula; defining certain terms; creating
education advancement revenue for school districts; expanding the general
education revenue formula; modifying certain provisions relating to general
education aid, referendum revenue allowance, referendum allowance limits;
specifying certain duties of the commissioner of education relating to computing
the reduction to a school district referendum allowance; prohibiting an increase
to operating referendum in fiscal year 2015
(je)