as introduced - 88th Legislature (2013 - 2014) Posted on 03/13/2013 07:09pm
A bill for an act
relating to education finance; modifying the definition of general education
revenue; amending Minnesota Statutes 2012, section 126C.10, subdivision 1.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2012, section 126C.10, subdivision 1, is amended to read:
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, deleted text begin training and experience
revenue,deleted text end secondary sparsity revenue, elementary sparsity revenue, transportation sparsity
revenue, total operating capital revenue, equity revenue, alternative teacher compensation
revenue, and transition revenue.
new text begin
This section is effective July 1, 2013.
new text end