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HF 2537

as introduced - 86th Legislature (2009 - 2010) Posted on 02/09/2010 11:31pm

KEY: stricken = removed, old language.
underscored = added, new language.
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Engrossments
Introduction Posted on 01/08/2010

Current Version - as introduced

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A bill for an act
 relating to education finance; expanding the definition of average daily
membership for purposes of calculating elementary sparsity revenue; amending
Minnesota Statutes 2008, section 126C.10, subdivision 8.

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

Section 1.

Minnesota Statutes 2008, section 126C.10, subdivision 8, is amended to read:


Subd. 8.

Elementary sparsity revenue.

new text begin (a) new text end A district's elementary sparsity
revenue equals the sum of the following amounts for each qualifying elementary school
in the district:

(1) the formula allowance for the year, multiplied by

(2) the elementary average daily membership of pupils deleted text begin serveddeleted text end in the school,
multiplied by

(3) the quotient obtained by dividing 140 minus the elementary average daily
membership by 140 plus the average daily membership.

new text begin (b) For purposes of this subdivision, an elementary school's average daily
membership equals the greater of its resident elementary average daily membership or its
elementary average daily membership served.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue for fiscal year 2011
and later.
 new text end