as introduced - 90th Legislature (2017 - 2018) Posted on 03/21/2018 11:57am
Engrossments | ||
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Introduction | Posted on 03/21/2018 |
A bill for an act
relating to education finance; increasing pupil transportation funding; appropriating
money; amending Minnesota Statutes 2016, section 126C.10, subdivision 18; Laws
2017, First Special Session chapter 5, article 1, section 19, subdivision 2.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2016, section 126C.10, subdivision 18, is amended to read:
(a) 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 deleted text begin .141deleted text end new text begin .145new text end .
(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).
(b) Transportation sparsity revenue is equal to the transportation sparsity allowance
times the adjusted pupil units.
new text begin
This section is effective for revenue for fiscal year 2019 and later.
new text end
Laws 2017, First Special Session chapter 5, article 1, section 19, subdivision 2, is
amended to read:
For general education aid under Minnesota Statutes,
section 126C.13, subdivision 4:
$ |
7,032,051,000 |
..... |
2018 |
|
$ |
deleted text begin
7,227,809,000 deleted text end new text begin ....... new text end |
..... |
2019 |
The 2018 appropriation includes $686,828,000 for 2017 and $6,345,223,000 for 2018.
The 2019 appropriation includes $705,024,000 for 2018 and deleted text begin $6,522,785,000deleted text end new text begin $.......new text end for
2019.