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