SF 1302

as introduced - 81st Legislature (1999 - 2000) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act
  1.2             relating to education; authorizing funding for 
  1.3             facilities management; requiring a local match; 
  1.4             appropriating money; amending Minnesota Statutes 1998, 
  1.5             section 126C.10, subdivision 13. 
  1.6   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.7      Section 1.  Minnesota Statutes 1998, section 126C.10, 
  1.8   subdivision 13, is amended to read: 
  1.9      Subd. 13.  [TOTAL OPERATING CAPITAL REVENUE.] (a) For 
  1.10  fiscal year 1999 and thereafter, total operating capital revenue 
  1.11  for a district equals the amount determined under paragraph (b) 
  1.12  or (c), plus $68 times the resident pupil units for the school 
  1.13  year.  The revenue must be placed in a reserved account in the 
  1.14  general fund and may only be used according to subdivision 14. 
  1.15     (b) For fiscal years 1999 2000 and later, capital revenue 
  1.16  for a district equals $100 $150 times the district's maintenance 
  1.17  cost index times its resident pupil units for the school 
  1.18  year.  Of this amount, $50 per pupil unit must be reserved and 
  1.19  used according to section 2.  This amount must be matched 
  1.20  dollar-for-dollar with school district money from other sources. 
  1.21     (c) For 1996 and later fiscal years, the previous formula 
  1.22  revenue for a district equals $128 times its resident pupil 
  1.23  units for the school year. 
  1.24     (d) For fiscal years 1998 and later, the revenue for a 
  1.25  district that operates a program under section 124D.128, is 
  2.1   increased by an amount equal to $30 times the number of resident 
  2.2   pupil units at the site where the program is implemented. 
  2.3      Sec. 2.  [EFFECTIVE DATE.] 
  2.4      Section 1 is effective for revenue for fiscal year 2000 and 
  2.5   later.