Minnesota 2023-2024 Regular Session

Minnesota Senate Bill SF2017

Introduced
2/21/23  

Caption

Compensatory revenue modification

Impact

The legislative intent behind SF2017 is to ensure that compensatory revenue better addresses the financial needs of students who require additional support, such as those who are eligible for free or reduced-price lunches. By modifying how revenue is calculated based on these factors, the bill aims to direct more resources to schools with higher concentrations of at-risk students. Additionally, there are provisions that encourage schools to adopt best practices for utilizing these funds effectively, thereby enhancing educational equity across the state.

Summary

SF2017, also known as the Compensatory Revenue Modification Bill, seeks to amend existing laws related to education finance in Minnesota. The primary focus of the bill is to modify how compensatory revenue is computed and allocated across school districts in the state. This includes changing the revenue uses and increasing the percentage of compensatory revenue that must remain at each school site, promoting the intent to enhance resource availability directly at the school level. The bill is aimed at fostering better educational outcomes, particularly for students from low-income families and those who may otherwise be underserved.

Contention

While SF2017 aims to strengthen educational finance, it has raised debates among stakeholders about implementation and resource distribution. Some legislators have expressed concern that the changes may create disparities if not adequately managed since different districts have variable funding sources and needs. Essentially, the bill's critics worry that without careful oversight, the modification could unintentionally disadvantage some districts while favoring others, basing funding on parameters that do not account for all unique local circumstances.

Companion Bills

MN HF1547

Similar To Compensatory revenue modified, revenue uses changed, best practices encouraged, percentage of compensatory revenue that must stay at each school site increased, report on eliminating paper forms required, and money appropriated.

Similar Bills

MN HF745

School's compensatory revenue eligibility calculated on the basis of both direct certification and the application of education benefits, percent of compensatory revenue spent at each site under certain conditions, Compensatory Revenue Task Force established, reports required, and money appropriated.

MN SF2002

Compensatory Revenue Task Force establishment provision, calculating a school's compensatory revenue eligibility on the basis of both direct certification and the application of education benefits provision, compensatory revenue spent at each site under certain conditions modification provision, and appropriation

MN SF1357

Compensatory Revenue Task Force establishment, Read Act implementation professional development requirements modifications, teacher training funding provision, unemployment aid account increase provision, and appropriations

MN HF1547

Compensatory revenue modified, revenue uses changed, best practices encouraged, percentage of compensatory revenue that must stay at each school site increased, report on eliminating paper forms required, and money appropriated.

MN HF4232

Compensatory revenue distribution clarified.

MN SF4313

Education compensatory revenue distribution clarification

CA SB790

Wildlife connectivity actions: compensatory mitigation credits.

LA HCR77

Urges and requests the Coastal Protection and Restoration Authority and the Department of Natural Resources work with local political subdivisions with statutory responsibility for activities that require state coastal use permits to determine the necessity of state coastal use permits