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SF 2621

Introduction - 87th Legislature (2011 - 2012)

Posted on 04/30/2012 08:26 a.m.

KEY: stricken = removed, old language.
underscored = added, new language.
Version List SF2621 Authors and Status
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A bill for an act
 relating to education finance; adjusting the transportation sparsity formula for
school districts that have a large number of pupils and a large number of square
miles; amending Minnesota Statutes 2010, section 126C.10, subdivision 18.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2010, section 126C.10, subdivision 18, is amended to
read:


Subd. 18.

Transportation sparsity revenue allowance.

(a) A district's
transportation 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).

(b) new text begin Notwithstanding paragraph (a), the transportation sparsity allowance for a school
district with 800 or greater square miles and 6,000 or more resident pupil units equals the
greater of zero or the result of the following computation:
new text end

new text begin (i) Multiply the formula allowance according to subdivision 2, by .2.
 new text end

new text begin (ii) Multiply the result in clause (i) by the district's sparsity index raised to the
26/100 power.
 new text end

new text begin (iii) Multiply the result in clause (ii) by the district's density index raised to the
13/100 power.
 new text end

new text begin (iv) Multiply the formula allowance according to subdivision 2, by .0485.
 new text end

new text begin (v) Subtract the result in clause (iv) from the result in clause (iii).
 new 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 EFFECTIVE DATE. new text end

new text begin This section is effective for revenue for fiscal year 2013
and later.
 new text end