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HF 2309

as introduced - 88th Legislature (2013 - 2014) Posted on 02/25/2014 02:06pm

KEY: stricken = removed, old language.
underscored = added, new language.

Bill Text Versions

Engrossments
Introduction Posted on 02/25/2014

Current Version - as introduced

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A bill for an act
relating to education finance; providing full funding for K-12 pupil transportation;
amending Minnesota Statutes 2013 Supplement, section 126C.10, subdivisions
1, 18.

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) 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.

(b) 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 deleted text begin sparsitydeleted text end 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 revenue for fiscal year 2015
and later.
new text end

Sec. 2.

Minnesota Statutes 2013 Supplement, section 126C.10, subdivision 18, is
amended to read:


Subd. 18.

Transportation deleted text begin sparsitydeleted text end revenue deleted text begin allowancedeleted text end .

(a) new text begin A district's pupil
transportation revenue equals the sum of the district's transportation sparsity revenue and
its transportation cost revenue.
new text end

new text begin (b) new text end A district's transportation sparsity allowance equals the greater of zero or the
result of the following computation:

(i) Multiply the formula allowance according to subdivision 2, by .141.

(ii) Multiply the result in clause (i) by the district's sparsity index raised to the
26/100 power.

(iii) Multiply the result in clause (ii) by the district's density index raised to the
13/100 power.

(iv) Multiply the formula allowance according to subdivision 2, by .0466.

(v) Subtract the result in clause (iv) from the result in clause (iii).

deleted text begin (b)deleted text end new text begin (c)new text end Transportation sparsity revenue is equal to the transportation sparsity
allowance times the adjusted pupil units.

new text begin (d) A district's transportation cost revenue equals the greater of zero or the difference
between:
new text end

new text begin (1) the district's total cost for pupil transportation, including depreciation, for the
previous year; and
new text end

new text begin (2) the sum of (i) 4.85 percent of the district's basic revenue for the previous fiscal
year, (ii) transportation sparsity revenue under paragraph (c), and (iii) the district's charter
school transportation adjustment for the previous year.
new text end

new text begin EFFECTIVE DATE. new text end

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