| 1 | 1 | | 1.1 A bill for an act |
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| 2 | 2 | | 1.2 relating to education finance; clarifying the calculation of charter school general |
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| 3 | 3 | | 1.3 education revenue; amending Minnesota Statutes 2024, section 124E.20, |
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| 4 | 4 | | 1.4 subdivision 1. |
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| 5 | 5 | | 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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| 6 | 6 | | 1.6 Section 1. Minnesota Statutes 2024, section 124E.20, subdivision 1, is amended to read: |
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| 7 | 7 | | 1.7 Subdivision 1.Revenue calculation.(a) General education revenue must be paid to a |
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| 8 | 8 | | 1.8charter school as though it were a district. The general education revenue for each adjusted |
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| 9 | 9 | | 1.9pupil unit is the state average general education revenue per adjusted pupil unit, plus the |
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| 10 | 10 | | 1.10referendum equalization aid allowance and first tier local optional aid allowance in the |
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| 11 | 11 | | 1.11pupil's district of residence, minus an amount equal to the product of the formula allowance |
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| 12 | 12 | | 1.12according to section 126C.10, subdivision 2, times .0466, calculated without declining |
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| 13 | 13 | | 1.13enrollment revenue, local optional revenue, basic skills revenue, extended time revenue, |
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| 14 | 14 | | 1.14pension adjustment revenue, transition revenue, and transportation sparsity revenue, plus |
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| 15 | 15 | | 1.15declining enrollment revenue, basic skills revenue, pension adjustment revenue, and transition |
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| 16 | 16 | | 1.16revenue as though the school were a school district. |
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| 17 | 17 | | 1.17 (b) For a charter school operating an extended day, extended week, or summer program, |
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| 18 | 18 | | 1.18the general education revenue in paragraph (a) is increased by an amount equal to 25 percent |
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| 19 | 19 | | 1.19of the statewide average extended time revenue per adjusted pupil unit. |
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| 20 | 20 | | 1.20 (c) Notwithstanding paragraph (a), the general education revenue for an eligible special |
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| 21 | 21 | | 1.21education charter school as defined in section 124E.21, subdivision 2, equals the sum of |
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| 22 | 22 | | 1.22the amount determined under paragraph (a) and the school's unreimbursed cost as defined |
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| 23 | 23 | | 1Section 1. |
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| 24 | 24 | | 25-03103 as introduced01/31/25 REVISOR CR/HL |
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| 25 | 25 | | SENATE |
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| 26 | 26 | | STATE OF MINNESOTA |
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| 27 | 27 | | S.F. No. 1200NINETY-FOURTH SESSION |
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| 28 | 28 | | (SENATE AUTHORS: KUNESH) |
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| 29 | 29 | | OFFICIAL STATUSD-PGDATE |
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| 30 | 30 | | Introduction and first reading02/10/2025 |
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| 31 | 31 | | Referred to Education Finance 2.1in section 124E.21, subdivision 2, for educating students not eligible for special education |
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| 32 | 32 | | 2.2services. |
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| 33 | 33 | | 2.3 EFFECTIVE DATE.This section is effective for revenue in fiscal year 2026 and later. |
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| 34 | 34 | | 2Section 1. |
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| 35 | 35 | | 25-03103 as introduced01/31/25 REVISOR CR/HL |
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