Minnesota 2023-2024 Regular Session

Minnesota Senate Bill SF4106

Introduced
2/22/24  
Refer
2/22/24  

Caption

School endowment fund apportionment modification

Impact

The modification proposed in SF4106 is expected to impact state laws regarding the distribution of school funding, particularly affecting how various educational entities receive support based on attendance metrics. By ensuring that funds are allocated based on the adjusted average daily membership of students, the bill reinforces accountability and direct correlation between attendance and funding. The adjustment may lead to better alignment of educational resources with student needs, promoting more effective financial planning within districts and enhancing the quality of education delivered.

Summary

SF4106 addresses the apportionment of the school endowment fund in Minnesota, specifically amending Minnesota Statutes Section 127A.33. The bill aims to refine the process of distributing funds to education districts by outlining that the apportionment must occur semiannually, specifically on the first Monday in March and September. It includes provisions to ensure that only those school districts, participating schools, and American Indian schools that have been in session for at least nine months in the preceding academic year are eligible for funding. This aimed adjustment in the process could enhance the financial stability of school programs that rely heavily on state funding.

Contention

While the bill appears to streamline and clarify the funding process, there may be concerns regarding the implications for schools that struggle with maintaining attendance. Critics could argue that linking funding more closely to attendance could disadvantage schools in lower socioeconomic areas where attendance rates may fluctuate due to various factors beyond their control. Furthermore, there could be discussions regarding the adequacy of funding levels to meet the educational demands and supporting mechanisms for schools serving diverse populations, including American Indian schools.

Companion Bills

MN HF4453

Similar To School endowment fund apportionment amended.

Previously Filed As

MN HF4453

School endowment fund apportionment amended.

MN HF2606

Payment authorized from permanent school fund endowment to Tribal contract or grant schools equivalent to annual payment to school districts and charter schools.

MN SF2298

Tribal contract or grant school payment equivalent to the annual payment to school districts and charter schools from the permanent school fund endowment authorization; appropriating money

MN AB2933

School transportation: apportionments.

MN SF783

Tax provisions modifications

MN SF3450

Charter school provisions modifications

MN HF2535

Grants to aspiring educators provided, endowment established, and money appropriated.

MN SF3448

Charter school facilities modifications

MN SB758

Medical marijuana; deleting certain apportionments; creating revolving funds; requiring legislative apportionment. Effective date. Emergency.

MN SB797

Tax apportionments; modifying sales and use tax and income tax apportionments to certain funds. Effective date.

Similar Bills

No similar bills found.