as introduced - 93rd Legislature (2023 - 2024) Posted on 02/09/2023 08:58pm
A bill for an act
relating to education finance; increasing funding for the community education
revenue program; appropriating money; amending Minnesota Statutes 2022, section
124D.20, subdivisions 3, 5.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2022, section 124D.20, subdivision 3, is amended to read:
The general community education
revenue for a district equals deleted text begin $5.23 for fiscal years 2005 and 2006 anddeleted text end $5.42 for fiscal year
2007new text begin through fiscal year 2023 and $7.00 for fiscal year 2024new text end and later, times the greater of
1,335 or the population of the district. The population of the district is determined according
to section 275.14.
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This section is effective for revenue for fiscal year 2024 and later.
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Minnesota Statutes 2022, section 124D.20, subdivision 5, is amended to read:
To obtain total community education revenue,
a district may levy the amount raised by a maximum tax rate of deleted text begin 0.94deleted text end new text begin 0.498new text end percent times
the adjusted net tax capacity of the district. If the amount of the total community education
levy would exceed the total community education revenue, the total community education
levy shall be determined according to subdivision 6.
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This section is effective for revenue for fiscal year 2024 and later.
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The sums indicated in this section are
appropriated from the general fund to the Department of Education in the fiscal year
designated.
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For community education aid under Minnesota
Statutes, section 124D.20:
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2024 new text end |
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2025 new text end |