as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am
A bill for an act
relating to education finance; increasing the basic
formula allowance; restoring early childhood family
education program revenue; appropriating money;
amending Minnesota Statutes 2004, sections 124D.135,
subdivision 1; 126C.10, subdivision 2.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2004, section 124D.135,
subdivision 1, is amended to read:
The revenue for early childhood
family education programs for a school district equals $120 for
fiscal years 2003 and 2004 deleted text begin and deleted text end new text begin ,new text end $96 new text begin for fiscal year 2005, and
$120 new text end for fiscal year deleted text begin 2005 deleted text end new text begin 2006 new text end and later, times the greater of:
(1) 150; or
(2) the number of people under five years of age residing
in the district on October 1 of the previous school year.
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This section is effective for revenue for
fiscal year 2006.
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Minnesota Statutes 2004, 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 begin The formula
allowance for fiscal year 2001 is $3,964. The formula allowance
for fiscal year 2002 is $4,068.deleted text end The formula allowance for
fiscal year 2003 new text begin through fiscal year 2005 is $4,601. The
formula allowance for fiscal year 2006 is $4,831. The formula
allowance for fiscal year 2007 new text end and subsequent years is
deleted text begin
$4,601 deleted text end new text begin $5,073new text end .
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This section is effective for revenue for
fiscal year 2006.
new text end
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The sums
indicated in this section are appropriated from the general fund
to the Department of Education for the fiscal years designated.
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For early
childhood family education aid under Minnesota Statutes, section
124D.135:
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$20,052,000
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.....
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new text begin
2006
new text end
new text begin
$22,361,000
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.....
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new text begin
2007
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The 2006 appropriation includes $2,612,000 for 2005 and
$17,440,000 for 2006.
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The 2007 appropriation includes $4,360,000 for 2006 and
$18,001,000 for 2007.
new text end