as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to education; authorizing funding for 1.3 facilities management; requiring a local match; 1.4 appropriating money; amending Minnesota Statutes 1998, 1.5 section 126C.10, subdivision 13. 1.6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.7 Section 1. Minnesota Statutes 1998, section 126C.10, 1.8 subdivision 13, is amended to read: 1.9 Subd. 13. [TOTAL OPERATING CAPITAL REVENUE.] (a) For 1.10 fiscal year 1999 and thereafter, total operating capital revenue 1.11 for a district equals the amount determined under paragraph (b) 1.12or (c),plus $68 times the resident pupil units for the school 1.13 year. The revenue must be placed in a reserved account in the 1.14 general fund and may only be used according to subdivision 14. 1.15 (b) For fiscal years19992000 and later, capital revenue 1.16 for a district equals$100$150 times the district's maintenance 1.17 cost index times its resident pupil units for the school 1.18 year. Of this amount, $50 per pupil unit must be reserved and 1.19 used according to section 2. This amount must be matched 1.20 dollar-for-dollar with school district money from other sources. 1.21 (c)For 1996 and later fiscal years, the previous formula1.22revenue for a district equals $128 times its resident pupil1.23units for the school year.1.24(d)For fiscal years 1998 and later, the revenue for a 1.25 district that operates a program under section 124D.128, is 2.1 increased by an amount equal to $30 times the number of resident 2.2 pupil units at the site where the program is implemented. 2.3 Sec. 2. [EFFECTIVE DATE.] 2.4 Section 1 is effective for revenue for fiscal year 2000 and 2.5 later.