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SF 1571

as introduced - 85th Legislature (2007 - 2008) Posted on 12/15/2009 12:00am

KEY: stricken = removed, old language.
underscored = added, new language.
Version List Authors and Status
Rtf

Current Version - as introduced

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A bill for an act
 relating to education finance; creating a new component of general education
revenue to support small school districts with declining enrollment; amending
Minnesota Statutes 2006, section 126C.10, subdivision 1, by adding a
subdivision.

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

Section 1.

Minnesota Statutes 2006, section 126C.10, subdivision 1, is amended to read:


Subdivision 1.

General education revenue.

deleted text begin For fiscal year 2006 and later,deleted text end The
general education revenue for each district equals the sum of the district's basic revenue,
extended time revenue, gifted and talented revenue, new text begin small schools declining enrollment
revenue, new text end basic skills revenue, training and experience revenue, secondary sparsity revenue,
elementary sparsity revenue, transportation sparsity revenue, total operating capital
revenue, equity revenue, alternative teacher compensation revenue, and transition revenue.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue for fiscal year 2008.
 new text end

Sec. 2.

Minnesota Statutes 2006, section 126C.10, is amended by adding a subdivision
to read:


new text begin Subd. 2c. new text end

new text begin Small schools declining enrollment revenue. new text end

new text begin A school district's small
schools declining enrollment revenue equals the product of:
 new text end

new text begin (1) the basic formula allowance for that year;
 new text end

new text begin (2) 0.2;
 new text end

new text begin (3) the lesser of 100 or the district's actual loss in adjusted average daily membership
from the current year to the second prior year; and
 new text end

new text begin (4) the greater of one or the ratio of 1,000 to the district's adjusted average daily
membership for that year.
 new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for revenue for fiscal year 2008.
 new text end