as introduced - 91st Legislature (2019 - 2020) Posted on 03/16/2020 10:04am
A bill for an act
relating to education; modifying provisions for general education aid; amending
Minnesota Statutes 2018, section 126C.13, subdivision 4.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2018, section 126C.13, subdivision 4, is amended to read:
For fiscal year 2015 and later, a district's general
education aid equals:
(1) general education revenue, excluding operating capital revenue, equity revenue, local
optional revenue, and transition revenue, minus the student achievement levy, multiplied
times the ratio of the actual amount of student achievement levy levied to the permitted
student achievement levy; plus
(2) operating capital aid under section 126C.10, subdivision 13b;
(3) equity aid under section 126C.10, subdivision 30; plus
(4) transition aid under section 126C.10, subdivision 33; plus
(5) shared time aid under section deleted text begin 126C.10deleted text end new text begin 126C.01new text end , subdivision 7; plus
(6) referendum aid under section 126C.17, subdivisions 7 and 7a; plus
(7) online learning aid under section 124D.096; plus
(8) local optional aid according to section 126C.10, subdivision deleted text begin 2d, paragraph (d)deleted text end new text begin 2e,
paragraph (c)new text end .