as introduced - 89th Legislature (2015 - 2016) Posted on 01/29/2015 04:26pm
Engrossments | ||
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Introduction | Posted on 01/08/2015 |
A bill for an act
relating to education finance; providing full funding for K-12 pupil transportation;
amending Minnesota Statutes 2014, section 126C.10, subdivisions 1, 18.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2014, section 126C.10, subdivision 1, is amended to read:
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(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.
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deleted text begin (b)deleted text end For fiscal year deleted text begin 2015deleted text end new text begin 2016new 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 deleted text begin sparsitydeleted text end revenue, total operating capital revenue, equity revenue, pension
adjustment revenue, and transition revenue.
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This section is effective for revenue for fiscal years 2016
and later.
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Minnesota Statutes 2014, section 126C.10, subdivision 18, is amended to read:
(a) new text begin A district's pupil
transportation revenue equals the sum of the district's transportation sparsity revenue and
its transportation cost revenue.
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new text begin (b) new text end A district's transportation sparsity allowance equals the greater of zero or the
result of the following computation:
(i) Multiply the formula allowance according to subdivision 2, by .141.
(ii) Multiply the result in clause (i) by the district's sparsity index raised to the
26/100 power.
(iii) Multiply the result in clause (ii) by the district's density index raised to the
13/100 power.
(iv) Multiply the formula allowance according to subdivision 2, by .0466.
(v) Subtract the result in clause (iv) from the result in clause (iii).
deleted text begin (b)deleted text end new text begin (c)new text end Transportation sparsity revenue is equal to the transportation sparsity
allowance times the adjusted pupil units.
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(d) A district's total transportation cost revenue equals the greater of zero or the
difference between:
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(1) the district's total cost for regular and excess pupil transportation under section
123B.92, subdivision 1, paragraph (b), including depreciation, for the previous year; and
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(2) the sum of:
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(i) 4.66 percent of the district's basic revenue for the previous fiscal year;
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(ii) transportation sparsity revenue under paragraph (c); and
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(iii) the district's charter school transportation adjustment for the previous year.
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This section is effective for revenue for fiscal years 2016
and later.
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