as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 01/11/1999 |
1.1 A bill for an act 1.2 relating to education; increasing the general 1.3 education basic formula allowance; appropriating 1.4 money; amending Minnesota Statutes 1998, section 1.5 126C.10, subdivision 2. 1.6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.7 Section 1. Minnesota Statutes 1998, section 126C.10, 1.8 subdivision 2, is amended to read: 1.9 Subd. 2. [BASIC REVENUE.] The basic revenue for each 1.10 district equals the formula allowance times the resident pupil 1.11 units for the school year.The formula allowance for fiscal1.12year 1997 is $3,505.The formula allowance for fiscal year19981.13is $3,581 and the formula allowance for fiscal year1999and1.14fiscal year 2000is $3,530. The formula allowance for fiscal 1.15 year 2000 is $3,930 and the formula allowance for 2001 and 1.16 subsequent fiscal years is$3,597$3,997. 1.17 Sec. 2. [EFFECTIVE DATE.] 1.18 Section 1 is effective for revenue for fiscal year 2000 and 1.19 later.