Minnesota Legislature
HF 2086
as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am
Current Version - as introduced
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A bill for an act
relating to education; changing the calculation of marginal cost pupil units
and equalized debt service levy; amending Minnesota Statutes 2006, sections
123B.53, subdivision 5; 126C.05, subdivisions 5, 6.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Section 1.
Minnesota Statutes 2006, section 123B.53, subdivision 5, is amended to read:
Subd. 5.
Equalized debt service levy.
(a) The equalized debt service levy of a
district equals the sum of the first tier equalized debt service levy and the second tier
equalized debt service levy.
(b) A district's first tier equalized debt service levy equals the district's first tier debt
service equalization revenue times the lesser of one or the ratio of:
(1) the quotient derived by dividing the adjusted net tax capacity of the district for
the year before the year the levy is certified by the adjusted new text begin marginal cost new text end pupil units in the
district for the school year ending in the year prior to the year the levy is certified; to
(2) $3,200.
(c) A district's second tier equalized debt service levy equals the district's second tier
debt service equalization revenue times the lesser of one or the ratio of:
(1) the quotient derived by dividing the adjusted net tax capacity of the district for
the year before the year the levy is certified by the adjusted new text begin marginal cost new text end pupil units in the
district for the school year ending in the year prior to the year the levy is certified; to
(2) $8,000.
new text begin EFFECTIVE DATE. new text end
new text begin
This section is effective for fiscal year 2008 and later.
new text end
Sec. 2.
Minnesota Statutes 2006, section 126C.05, subdivision 5, is amended to read:
Subd. 5.
Adjusted pupil units.
(a) Adjusted pupil units for a district or charter
school means the sum of:
(1) the number of pupil units served, according to subdivision 7, plus
(2) pupil units according to subdivision 1 for whom the district or charter school
pays tuition under section 123A.18, 123A.22, 123A.30, 123A.32, 123A.44, 123A.488,
123B.88, subdivision 4, 124D.04, 124D.05, 125A.03 to 125A.24, 125A.51, or 125A.65,
minus
(3) pupil units according to subdivision 1 for whom the district or charter school
receives tuition under section 123A.18, 123A.22, 123A.30, 123A.32, 123A.44, 123A.488,
123B.88, subdivision 4, 124D.04, 124D.05, 125A.03 to 125A.24, 125A.51, or 125A.65.
(b) Adjusted marginal cost pupil units means the greater of:
(1) the deleted text begin sum of .77 times thedeleted text end new text begin number of adjustednew text end pupil units defined in paragraph (a)
for the deleted text begin currentdeleted text end new text begin 2006-2007new text end school year deleted text begin and .23 times the pupil units defined in paragraph
(a) for the previous school yeardeleted text end ; or
(2) the number of adjusted pupil units defined in paragraph (a) for the current school
year.
Sec. 3.
Minnesota Statutes 2006, section 126C.05, subdivision 6, is amended to read:
Subd. 6.
Resident pupil units.
(a) Resident pupil units for a district means the
number of pupil units according to subdivision 1 residing in the district.
(b) Resident marginal cost pupil units means the greater of:
(1) the deleted text begin sum of .77 times thedeleted text end new text begin number of adjustednew text end pupil units defined in paragraph (a)
for the deleted text begin currentdeleted text end new text begin 2006-2007 schoolnew text end year deleted text begin and .23 times the pupil units defined in paragraph
(a) for the previous school yeardeleted text end ; or
(2) the number of resident pupil units defined in paragraph (a) for the current school
year.