as introduced - 93rd Legislature (2023 - 2024) Posted on 02/21/2023 07:49am
A bill for an act
relating to education finance; providing state funding to fully fund the state share
of special education services; appropriating money; amending Minnesota Statutes
2022, section 125A.76, subdivision 2e.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2022, section 125A.76, subdivision 2e, is amended to read:
(a) A school district's annual cross subsidy
reduction aid equals the school district's initial special education cross subsidy for the
previous fiscal year times the cross subsidy aid factor for that fiscal year.
(b) The cross subsidy aid factor equals deleted text begin2.6 percent for fiscal year 2020 anddeleted text end 6.43 percent
for fiscal deleted text beginyeardeleted text endnew text begin years new text end 2021new text begin to 2023 and for fiscal year 2024new text end and laternew text begin, the percentage necessary
to reach full funding of the state share of the special education cross subsidynew text end.
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(c) For purposes of this subdivision, the state share of the special education cross subsidy
means the total cross subsidy for the previous school year less the amount of federal funds
that would have been provided in the previous year if the federal government had provided
its 40 percent share. The 40 percent share equals the national average per pupil expenditure,
as calculated by the Department of Education, for the second previous year times 0.4.
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This section is effective for revenue for fiscal year 2024 and later.
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The sums indicated in this section are
appropriated from the general fund to the Department of Education in the fiscal years
designated.
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For additional special education aid under section 1:
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$ new text end |
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2024 new text end |
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2025 new text end |