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SF 1200

Introduction - 94th Legislature (2025 - 2026)

Posted on 07/09/2025 02:00 p.m.

KEY: stricken = removed, old language.
underscored = added, new language.
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Engrossments
Introduction
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Posted on 02/06/2025
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A bill for an act
 relating to education finance; clarifying the calculation of charter school general
education revenue; amending Minnesota Statutes 2024, section 124E.20,
subdivision 1.

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

Section 1.

Minnesota Statutes 2024, section 124E.20, subdivision 1, is amended to read:


Subdivision 1.

Revenue calculation.

(a) General education revenue must be paid to a
charter school as though it were a district. The general education revenue for each adjusted
pupil unit is the state average general education revenue per new text begin adjusted new text end pupil unit, plus the
referendum equalization aid allowance and first tier local optional aid allowance in the
pupil's district of residence, minus an amount equal to the product of the formula allowance
according to section 126C.10, subdivision 2, times .0466, calculated without declining
enrollment revenue, local optional revenue, basic skills revenue, extended time revenue,
pension adjustment revenue, transition revenue, and transportation sparsity revenue, plus
declining enrollment revenue, basic skills revenue, pension adjustment revenue, and transition
revenue as though the school were a school district.

(b) For a charter school operating an extended day, extended week, or summer program,
the general education revenue in paragraph (a) is increased by an amount equal to 25 percent
of the statewide average extended time revenue per adjusted pupil unit.

(c) Notwithstanding paragraph (a), the general education revenue for an eligible special
education charter school as defined in section 124E.21, subdivision 2, equals the sum of
the amount determined under paragraph (a) and the school's unreimbursed cost as defined
in section 124E.21, subdivision 2, for educating students not eligible for special education
services.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue in fiscal year 2026 and later.
 new text end