as introduced - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 03/24/1997 |
1.1 A bill for an act 1.2 relating to education; increasing the general 1.3 education formula allowance; amending Minnesota 1.4 Statutes 1996, section 124A.22, subdivision 2, as 1.5 amended. 1.6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.7 Section 1. Minnesota Statutes 1996, section 124A.22, 1.8 subdivision 2, as amended by Laws 1997, chapter 1, section 4, is 1.9 amended to read: 1.10 Subd. 2. [BASIC REVENUE.] The basic revenue for each 1.11 district equals the formula allowance times the actual pupil 1.12 units for the school year. The formula allowance for fiscal 1.13 year 1995 is $3,150. The formula allowance for fiscal year 1996 1.14 is $3,205. The formula allowance for fiscal year 1997and1.15subsequent fiscal yearsis $3,505, for fiscal year 1998 is 1.16 $3,605, and for fiscal year 1999 and subsequent fiscal years is 1.17 $3,705.