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HF 1937

as introduced - 88th Legislature (2013 - 2014) Posted on 02/25/2014 01:55pm

KEY: stricken = removed, old language.
underscored = added, new language.
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A bill for an act
 relating to education finance; granting school boards authority to reallocate
general education revenue; amending Minnesota Statutes 2013 Supplement,
section 126C.10, subdivision 1.

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

Section 1.

Minnesota Statutes 2013 Supplement, section 126C.10, subdivision 1, is
amended to read:


Subdivision 1.

General education revenue.

(a)new text begin Notwithstanding any other law to
the contrary, a school board in any school year may hold a formal hearing to declare an
urgent educational need for that school year and resolve to reallocate the district revenue
under this section to provide more effective education programs and services and improve
the educational outcomes of all students enrolled in the district. A board action under this
paragraph must not increase state aid obligations to the district, result in additional property
tax authority for the district, or interfere with federally mandated laws or court orders.
new text end

new text begin (b)new text end For fiscal years 2013 and 2014, the general education revenue for each district
equals the sum of the district's basic revenue, extended time revenue, gifted and talented
revenue, small schools revenue, basic skills revenue, secondary sparsity revenue,
elementary sparsity revenue, transportation sparsity revenue, total operating capital
revenue, equity revenue, alternative teacher compensation revenue, and transition revenue.

deleted text begin (b)deleted text end new text begin (c)new text end For fiscal year 2015 and later, the general education revenue for each
district equals the sum of the district's basic revenue, extended time revenue, gifted and
talented revenue, declining enrollment revenue, location equity revenue, small schools
revenue, basic skills revenue, secondary sparsity revenue, elementary sparsity revenue,
transportation sparsity revenue, total operating capital revenue, equity revenue, pension
adjustment revenue, and transition revenue.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for fiscal year 2015 and later.
 new text end