as introduced - 89th Legislature (2015 - 2016) Posted on 03/10/2015 08:51am
A bill for an act
relating to education finance; modifying certain general education revenue
provisions; amending Minnesota Statutes 2014, section 126C.10, subdivision 1,
by adding a subdivision.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2014, section 126C.10, subdivision 1, is amended to read:
deleted text begin
(a) For fiscal years 2013 and 2014, the
general education revenue for each district equals the sum of the district's basic revenue,
extended time revenue, gifted and talented revenue, small schools revenue, basic skills
revenue, secondary sparsity revenue, elementary sparsity revenue, transportation sparsity
revenue, total operating capital revenue, equity revenue, alternative teacher compensation
revenue, and transition revenue.
deleted text end
deleted text begin (b)deleted text end For fiscal year deleted text begin 2015deleted text end new text begin 2016new text end and later, the general education revenue for each
district equals the sum of the district's basic revenue, extended time revenue, gifted and
talented revenue, declining enrollment revenue, local optional revenue, small schools
revenue, basic skills revenue, secondary sparsity revenue, elementary sparsity revenue,
transportation sparsity revenue, total operating capital revenue, equity revenue, pension
adjustment revenue, new text begin teacher development and evaluation revenue, new text end and transition revenue.
new text begin
This section is effective for revenue in fiscal year 2016 and
later.
new text end
Minnesota Statutes 2014, section 126C.10, is amended by adding a subdivision
to read:
new text begin
Teacher development
and evaluation revenue for a school district, intermediate school district, or charter school
that does not have an alternative professional pay system agreement under section
122A.414, subdivision 2, equals $302 times the number of full-time equivalent teachers
employed on October 1 of the previous school year. Revenue under this section must
be reserved for teacher development and evaluation activities consistent with section
122A.40, subdivision 8, or section 122A.41, subdivision 5. For the purposes of this
section, "teacher" has the meaning given it in section 122A.40, subdivision 1, or section
122A.41, subdivision 1.
new text end
new text begin
This section is effective for revenue in fiscal year 2016 and
later.
new text end