Minnesota Legislature
HF 775
as introduced - 87th Legislature (2011 - 2012) Posted on 02/28/2011 10:36am
Current Version - as introduced
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A bill for an act
relating to education finance; providing full funding for K-12 pupil transportation;
amending Minnesota Statutes 2010, section 126C.10, subdivisions 1, 18.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2010, section 126C.10, subdivision 1, is amended to read:
Subdivision 1.
General education revenue.
For fiscal year 2006 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, basic skills revenue, training
and experience revenue, secondary sparsity revenue, elementary sparsity revenue,
transportation deleted text begin sparsitydeleted text end revenue, total operating capital revenue, equity revenue, alternative
teacher compensation revenue, and transition revenue.
Sec. 2.
Minnesota Statutes 2010, section 126C.10, subdivision 18, is amended to read:
Subd. 18.
Transportation deleted text begin sparsitydeleted text end revenue deleted text begin allowancedeleted text end .
(a) A district'snew text begin pupilnew text end
transportation new text begin revenue equals the sum of the district's transportation sparsity revenue and
its transportation cost revenue.
new text end
new text begin (b) A district's transportation new text end sparsity allowance equals the greater of zero or the
result of the following computation:
(i) Multiply the formula allowance according to subdivision 2, by .1469.
(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 .0485.
(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 marginal cost pupil units.
new text begin
(d) A district's transportation cost revenue equals the greater of zero or the difference
between:
new text end
new text begin
(1) the district's total cost for pupil transportation, including depreciation, for the
previous year; and
new text end
new text begin
(2) the sum of (i) 4.85 percent of the district's basic revenue for the previous fiscal
year, (ii) transportation sparsity revenue under paragraph (c), and (iii) the district's charter
school transportation adjustment for the previous year.
new text end
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective for revenue for fiscal years 2012
and later.
new text end