Minnesota 2023-2024 Regular Session

Minnesota House Bill HF879

Introduced
1/25/23  
Refer
1/25/23  

Caption

Local optional revenue increased, future increases in local optional revenue linked to the growth in general education basic formula allowance, and money appropriated.

Impact

The proposed changes in HF879 are expected to have a significant impact on the funding landscape for Minnesota school districts. By supplementing local optional revenue, the bill seeks to alleviate some of the financial constraints faced by districts, particularly those that may have been underfunded in previous fiscal years. The link to the general education basic formula allowance ensures that this additional revenue can keep pace with broader educational funding trends. This could lead to improved educational outcomes as districts gain flexibility in budgeting for important programs and services.

Summary

HF879 aims to increase local optional revenue for school districts in Minnesota and links future adjustments in this revenue to the growth of the general education basic formula allowance. Specifically, the bill modifies existing statutes to raise the first and second tier local optional revenue amounts, thereby providing greater financial support to school districts. The adjustments to the local optional revenue structure are intended to enhance funding capabilities for schools, which may benefit educational resources and services for students across different districts.

Sentiment

The sentiment toward HF879 among stakeholders appears to be cautiously optimistic. Proponents argue that increasing local optional revenue is a necessary step to ensure that all districts have equitable access to funding and resources. Educators and advocates for educational equity generally support the bill. However, there are also concerns about the sustainability of funding increases and whether the state’s budget can support these enhancements in the long term.

Contention

Notable points of contention surrounding HF879 include discussions about the potential redistributive effects of increased funding. Some critics argue that raising local optional revenue could lead to disparities in funding among districts, particularly if wealthier districts are able to leverage this increase more effectively than their less affluent counterparts. Moreover, there are concerns about the impact of these changes on future state budgets and whether the additional appropriations could eventually lead to funding shortages if economic conditions fluctuate.

Companion Bills

MN SF866

Similar To Future increases in local optional revenue linkage to the growth in the general education basic formula allowance

Similar Bills

MN SF4184

Local optional revenue modifications, unemployment costs and family paid medical leave in local optional revenue inclusion, referendum revenue simplification, equalization aid increase, and appropriating money

MN HF4117

Local optional revenue modified, revenue for unemployment costs and family paid medical leave included in local optional revenue, referendum revenue simplified, equalization aid increased, and money appropriated.

NJ A118

Requires school district's general fund tax levy account for at least 25 percent of school district's total general fund revenue; provides four-year phase-in.

NJ S3984

Requires five-year average of equalized property valuation be used in calculation of local share under State school funding formula.

NJ A5577

Requires five-year average of equalized property valuation be used in calculation of local share under State school funding formula.

NJ A942

Requires five-year average of equalized property valuation be used in calculation of local share under State school funding formula.

NJ S2071

Requires five-year average of equalized property valuation be used in calculation of local share under State school funding formula.

MN HF409

Local optional revenue increased, aid amount increased, and money appropriated.