HF 2104

as introduced - 90th Legislature (2017 - 2018) Posted on 03/07/2017 02:39pm

A bill for an act
relating to education finance; modifying compensatory education revenue;
amending Minnesota Statutes 2016, section 126C.10, subdivision 3.

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

Section 1.

Minnesota Statutes 2016, section 126C.10, subdivision 3, is amended to read:

Subd. 3.

Compensatory education revenue.

(a) deleted text begin For fiscal year 2014, the compensatory
education revenue for each building in the district equals the formula allowance minus $415
times the compensation revenue pupil units computed according to section 126C.05,
subdivision 3. deleted text end For fiscal year deleted text begin 2015 deleted text end new text begin 2018 new text end and later, the compensatory education revenue new text begin for
a school district which did not have a pupil unit count that was in the top 20 largest pupil
unit counts on October 1 of the previous fiscal year new text end for each building in the district equals
the formula allowance minus $839 times the compensation revenue pupil units computed
according to section 126C.05, subdivision 3. Revenue shall be paid to the district and must
be allocated according to section 126C.15, subdivision 2.

new text begin (b) The compensatory education revenue for a school district which had a pupil unit
count that was in the top 20 largest pupil unit counts on October 1 of the previous fiscal
year is equal to the greater of:
new text end

new text begin (1) $1,400 times the sum of pupils eligible to receive free lunch and one-half of the
pupils eligible to receive reduced-price lunch on October 1 of the previous fiscal year; or
new text end

new text begin (2) for each building in the district, the formula allowance minus $415 times the
compensation revenue pupil units computed according to section 126C.05, subdivision 3.
new text end

deleted text begin (b) deleted text end new text begin (c) new text end When the district contracting with an alternative program under section 124D.69
changes prior to the start of a school year, the compensatory revenue generated by pupils
attending the program shall be paid to the district contracting with the alternative program
for the current school year, and shall not be paid to the district contracting with the alternative
program for the prior school year.

deleted text begin (c) deleted text end new text begin (d) new text end When the fiscal agent district for an area learning center changes prior to the start
of a school year, the compensatory revenue shall be paid to the fiscal agent district for the
current school year, and shall not be paid to the fiscal agent district for the prior school year.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for fiscal year 2018 and later.
new text end