2000 Minnesota Statutes

     126C.01 Definitions. 

    Subdivision 1.    Applicability.  For the purposes of 
 this chapter, the terms defined in section 120A.05 have the same 
 meanings.  For the purpose of this chapter, the following terms 
 have the meanings given them.  

    Subd. 2.    Adjusted net tax capacity.  "Adjusted net 
 tax capacity" means the net tax capacity of the taxable property 
 of the district as adjusted by the commissioner of revenue under 
 section 127A.48.  The adjusted net tax capacity for any given 
 calendar year must be used to compute levy limitations for 
 levies certified in the succeeding calendar year and aid for the 
 school year beginning in the second succeeding calendar year. 

    Subd. 3.    Referendum market value.  "Referendum market 
 value" means the market value of all taxable property, except 
 that any class of property, or any portion of a class of 
 property, with a class rate of less than one percent under 
 section 273.13 shall have a referendum market value equal to its 
 net tax capacity multiplied by 100. 

    Subd. 4.    Equalizing factor.  "Equalizing factor" 
 means the ratio, rounded to the nearest dollar, of the formula 
 allowance to the general education tax rate for the 
 corresponding year.  

    Subd. 5.    Levy use.  A levy "for use in a particular 
 school year," "attributable to a particular school year," or 
 "recognized as revenue in a particular school year," means the 
 levy certified in the calendar year ending in the school year 
 preceding that particular school year, and payable in the 
 calendar year in which that school year begins. 

    Subd. 6.    Shared time average daily membership.  The 
 average daily membership of a pupil enrolled on a shared time 
 basis equals the ratio of the total minutes for which the pupil 
 is enrolled and the minimum minutes required during the year for 
 a regularly enrolled public school pupil.  

    Subd. 7.    Shared time aid.  Aid for shared time pupils 
 must equal the formula allowance times the full-time equivalent 
 resident pupil units for shared time pupils.  Aid for shared 
 time pupils is in addition to any other aid to which the 
 district is otherwise entitled.  Shared time average daily 
 membership may not be used in the computation of pupil units 
 under section 126C.05, subdivision 1, for any purpose other than 
 the computation of shared time aid pursuant to subdivisions 6 to 
 8 and section 126C.19, subdivisions 1 to 3. 

    Subd. 8.    Shared time pupils.  "Shared time pupils" 
 means those pupils who attend public school programs for part of 
 the regular school day and who otherwise fulfill the 
 requirements of section 120A.22 by attendance at a nonpublic 
 school.  

    Subd. 9.    Training and experience index.  "Training 
 and experience index" means a measure of a district's teacher 
 training and experience relative to the education and experience 
 of teachers in the state.  The measure must be determined 
 pursuant to section 126C.11. 

    Subd. 10.    Average salary for beginning teachers.  
 "Average salary for beginning teachers" means the average salary 
 for all teachers in the state who are in their first year of 
 teaching and who have no additional credits or degrees above a 
 bachelor's degree.  At least biennially, the department must 
 recompute this average using complete new data. 

    Subd. 11.    Net unappropriated operating fund balance.  
 "Net unappropriated operating fund balance" means the sum of the 
 fund balances in the general, food service, and community 
 service funds minus the balances reserved for statutory 
 operating debt reduction, bus purchase, severance pay, taconite, 
 unemployment benefits, maintenance levy reduction, operating 
 capital, disabled access, health and safety, and encumbrances, 
 computed as of June 30 each year. 

    HIST: 1981 c 358 art 1 s 20,21,25,26; 1Sp1981 c 2 s 5; 3Sp1981 
 c 2 art 2 s 4,5,6; art 4 s 4; 1982 c 548 art 1 s 3,4,8; art 7 s 
 5; 1983 c 314 art 1 s 1,2,4,5,9,22; 1984 c 463 art 1 s 3,4,5; 
 1Sp1985 c 12 art 1 s 9-13; 1Sp1985 c 14 art 4 s 23,24; 1Sp1986 c 
 1 art 9 s 15,16; 1Sp1986 c 3 art 1 s 18; 1987 c 268 art 6 s 5; 
 art 7 s 12,13; 1987 c 398 art 1 s 4-7; 1988 c 486 s 46-48; 1988 
 c 719 art 5 s 4,5,84; 1989 c 209 art 2 s 1; 1989 c 329 art 13 s 
 20; 1Sp1989 c 1 art 2 s 11; 1991 c 265 art 1 s 8,9; 1994 c 488 s 
 8; 1994 c 647 art 1 s 13,14; 1Sp1995 c 3 art 13 s 6; 1996 c 412 
 art 1 s 13; 1998 c 397 art 7 s 125-131,164; art 11 s 3; 1999 c 
 107 s 66; 2000 c 343 s 4 

*   NOTE:  Subdivisions 9 and 10 (formerly section 124A.02, 
*subdivisions 23 and 24) are repealed effective June 30, 2004.  
*Laws 1992, chapter 499, article 7, section 31, as amended by 
*Laws 1998, chapter 398, article 1, section 39; Laws 1999, 
*chapter 241, article 1, section 54; and Laws 2000, chapter 489, 
*article 2, section 28.