1.1 	A bill for an act
1.2 	relating to education finance; increasing the funding for the community education 
1.3 	revenue program; increasing the minimum population guarantee;amending 
1.4 	Minnesota Statutes 2006, section 124D.20, subdivision 3.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2006, section 124D.20, subdivision 3, is amended to 
1.7 	read:
1.8 		Subd. 3.General community education revenue. The general community 
1.9 	education revenue for a district equals ~~$5.23 for fiscal years 2005 and 2006 and~~ $5.42 for 
1.10 	fiscal year 2007 and $5.95 for fiscal year 2008 and later, times the greater of ~~1,335~~2,000 
1.11 	or the population of the district. The population of the district is determined according 
1.12 	to section 275.14.

1.13 	EFFECTIVE DATE. This section is effective for revenue for fiscal year 2008.