1st Engrossment - 86th Legislature (2009 - 2010) Posted on 05/07/2010 01:22pm
|Introduction||Posted on 03/17/2010|
|1st Engrossment||Posted on 05/07/2010|
A bill for an act
relating to education finance; removing obsolete language; amending Minnesota
Statutes 2008, section 126C.10, subdivision 2.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2008, section 126C.10, subdivision 2, is amended to read:
The basic revenue for each district equals the formula
allowance times the adjusted marginal cost pupil units for the school year. deleted text beginThe formula
allowance for fiscal year 2007 is $4,974.deleted text end The formula allowance for fiscal year 2008 is
$5,074 and the formula allowance for fiscal year 2009 and subsequent years is $5,124.