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SF 177 Senate Long Description

1E Relating to education finance; increasing the equalization aid levels for
operating referendum and debt service equalization aid programs; modifying the equalized debt service levy formula; defining certain terms; creating education advancement revenue for school districts; expanding the general education revenue formula; modifying certain provisions relating to general education aid, referendum revenue allowance, referendum allowance limits; specifying certain duties of the commissioner of education relating to computing the reduction to a school district referendum allowance; prohibiting an increase to operating referendum in fiscal year 2015
(je)