HF 2215

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to education finance; creating a funding
mechanism for rewarding excellent education results;
appropriating money; amending Minnesota Statutes 2004,
section 126C.10, subdivision 1, by adding a
subdivision.

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

Section 1.

Minnesota Statutes 2004, section 126C.10,
subdivision 1, is amended to read:

Subdivision 1.

General education revenue.

deleted text begin (a) For fiscal
year 2003, the general education revenue for each district
equals the sum of the district's basic revenue, basic skills
revenue, training and experience revenue, secondary sparsity
revenue, elementary sparsity revenue, transportation sparsity
revenue, total operating capital revenue, and equity revenue.
deleted text end

deleted text begin (b) For fiscal year 2004 and later, deleted text end The general education
revenue for each district equals the sum of the district's basic
revenue, extended time revenue, new text begin education excellence revenue,
new text end basic skills revenue, training and experience revenue, secondary
sparsity revenue, elementary sparsity revenue, transportation
sparsity revenue, total operating capital revenue, equity
revenue, and transition revenue.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue for
fiscal year 2007.
new text end

Sec. 2.

Minnesota Statutes 2004, section 126C.10, is
amended by adding a subdivision to read:

new text begin Subd. 2b. new text end

new text begin Education excellence revenue. new text end

new text begin (a) Beginning in
fiscal year 2007, a school district is eligible for education
excellence revenue based on the school district's performance on
the following six standards:
new text end

new text begin (1) graduation rate;
new text end

new text begin (2) attendance rate;
new text end

new text begin (3) achievement of educational standards;
new text end

new text begin (4) adequate yearly progress;
new text end

new text begin (5) school safety; and
new text end

new text begin (6) publication of a school report card.
new text end

new text begin The commissioner of education must establish minimum
qualifying benchmarks for each of the six standards listed in
this paragraph. A school district that meets or exceeds the
benchmarks established by the commissioner for that school
district is eligible for educational excellence revenue for each
standard that is met.
new text end

new text begin (b) Total revenue in the education excellence account
equals $10,000,000.
new text end

new text begin (c) Each year, the commissioner shall determine the
education excellence revenue allowance. The allowance is equal
to the total amount of revenue deposited in the account under
paragraph (b) divided by the sum of the product of the number of
adjusted marginal cost pupil units in each school district and
the number of standards under paragraph (a) that have been met
or exceeded for each school district for the previous school
year for all school districts.
new text end

new text begin (d) The revenue in the education excellence account is
annually appropriated for the purpose of paying educational
excellence revenue to school districts.
new text end

new text begin (e) A school district's education excellence allowance
equals the product of the education excellence allowance, the
district's adjusted marginal cost pupil units for that year, and
the number of standards that have been met or exceeded for the
previous school year.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue for
fiscal year 2007.
new text end