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