HF 855

as introduced - 89th Legislature (2015 - 2016) Posted on 02/12/2015 02:33pm

A bill for an act
relating to education finance; modifying certain general education revenue
provisions; amending Minnesota Statutes 2014, section 126C.10, subdivision 1,
by adding a subdivision.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2014, section 126C.10, subdivision 1, is amended to read:

Subdivision 1.

General education revenue.

deleted text begin (a) For fiscal years 2013 and 2014, the
general education revenue for each district equals the sum of the district's basic revenue,
extended time revenue, gifted and talented revenue, small schools revenue, basic skills
revenue, secondary sparsity revenue, elementary sparsity revenue, transportation sparsity
revenue, total operating capital revenue, equity revenue, alternative teacher compensation
revenue, and transition revenue.
deleted text end

deleted text begin (b) deleted text end For fiscal year deleted text begin 2015 deleted text end new text begin 2016 new text end and later, the general education revenue for each
district equals the sum of the district's basic revenue, extended time revenue, gifted and
talented revenue, declining enrollment revenue, local optional revenue, small schools
revenue, basic skills revenue, secondary sparsity revenue, elementary sparsity revenue,
transportation sparsity revenue, total operating capital revenue, equity revenue, pension
adjustment revenue, new text begin teacher development and evaluation revenue, new text end and transition revenue.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue in fiscal year 2016 and
later.
new text end

Sec. 2.

Minnesota Statutes 2014, section 126C.10, is amended by adding a subdivision
to read:

new text begin Subd. 38. new text end

new text begin Teacher development and evaluation revenue. new text end

new text begin Teacher development
and evaluation revenue for a school district, intermediate school district, or charter school
that does not have an alternative professional pay system agreement under section
122A.414, subdivision 2, equals $302 times the number of full-time equivalent teachers
employed on October 1 of the previous school year. Revenue under this section must
be reserved for teacher development and evaluation activities consistent with section
122A.40, subdivision 8, or section 122A.41, subdivision 5. For the purposes of this
section, "teacher" has the meaning given it in section 122A.40, subdivision 1, or section
122A.41, subdivision 1.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue in fiscal year 2016 and
later.
new text end