Modifying the general education revenue formula by including teacher alternative compensation revenue; setting the total basic alternative teacher compensation aid limit; providing and specifying eligibility for secondary alternative teacher compensation aid, specifying the alternative teacher compensation revenue formula; requiring the commissioner of education to establish the consolidated tax rate by a certain date annually, specifying tax capacity rate; allowing school district consolidated levies, limit; setting the general education aid formula; repealing operating capital levy and aid, equity levy and aid, transition levy and aid and alternative teacher compensation levy and aid
(rt)