Minnesota 2025-2026 Regular Session

Minnesota Senate Bill SF2239 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	1.1 A bill for an act
2	2	1.2 relating to education finance; increasing local optional revenue for school districts;
3	3	1.3 appropriating money; amending Minnesota Statutes 2024, section 126C.10,
4	4	1.4 subdivision 2e.
5	5	1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
6	6	1.6 Section 1. Minnesota Statutes 2024, section 126C.10, subdivision 2e, is amended to read:
7	7	1.7 Subd. 2e.Local optional revenue.(a) Local optional revenue for a school district equals
8	8	1.8the sum of the district's first tier local optional revenue and second tier local optional revenue.
9	9	1.9a district's first tier local optional revenue equals $300 the first tier local optional allowance
10	10	1.10times the adjusted pupil units of the district for that school year. A district's second tier local
11	11	1.11optional revenue equals $424 the second tier local optional allowance times the adjusted
12	12	1.12pupil units of the district for that school year.
13	13	1.13 (b) The first tier local optional allowance equals $300 for fiscal years 2025 and 2026,
14	14	1.14and $550 for fiscal year 2027. For fiscal year 2028 and later, the first tier local optional
15	15	1.15allowance equals the first tier local optional allowance for the previous year times the ratio
16	16	1.16of the general education basic formula allowance for the current year to the general education
17	17	1.17revenue basic formula allowance for the previous school year. The second tier local optional
18	18	1.18allowance equals $424 for fiscal years 2025 through 2027. For fiscal year 2028 and later,
19	19	1.19the second tier local optional allowance equals the second tier local optional allowance for
20	20	1.20the previous year times the ratio of the general education basic formula allowance for the
21	21	1.21current year to the general education revenue basic formula allowance for the previous
22	22	1.22school year.
23	23	1Section 1.
24	24	25-04177 as introduced02/21/25 REVISOR CR/HL
25	25	SENATE
26	26	STATE OF MINNESOTA
27	27	S.F. No. 2239NINETY-FOURTH SESSION
28	28	(SENATE AUTHORS: KUPEC, Kreun, Abeler, Gustafson and Westlin)
29	29	OFFICIAL STATUSD-PGDATE
30	30	Introduction and first reading03/06/2025
31	31	Referred to Education Finance 2.1 (b) (c) A district's local optional levy equals the sum of the first tier local optional levy
32	32	2.2and the second tier local optional levy.
33	33	2.3 (c) (d) A district's first tier local optional levy equals the district's first tier local optional
34	34	2.4revenue times the lesser of one or the ratio of the district's referendum market value per
35	35	2.5resident pupil unit to the first tier local optional equalizing factor. For fiscal years 2025 and
36	36	2.62026, the first tier local optional equalizing factor is $880,000. For fiscal year 2027, a
37	37	2.7district's first tier local optional equalizing factor is $1,957,000. For fiscal year 2028, a
38	38	2.8district's first tier local optional equalizing factor is $2,270,000. For fiscal year 2029 and
39	39	2.9later, a district's first tier local optional equalizing factor is $2,347,000.
40	40	2.10 (d) For fiscal year 2023, a district's second tier local optional levy equals the district's
41	41	2.11second tier local optional revenue times the lesser of one or the ratio of the district's
42	42	2.12referendum market value per resident pupil unit to $548,842. For fiscal year 2024, a district's
43	43	2.13second tier local optional levy equals the district's second tier local optional revenue times
44	44	2.14the lesser of one or the ratio of the district's referendum market value per resident pupil unit
45	45	2.15to $510,000. For fiscal year 2025, (e) A district's second tier local optional levy equals the
46	46	2.16district's second tier local optional revenue times the lesser of one or the ratio of the district's
47	47	2.17referendum market value per resident pupil unit to the second tier local optional equalizing
48	48	2.18factor. For fiscal year 2025, the second tier local optional equalizing factor is $626,450. For
49	49	2.19fiscal year 2026, a district's the second tier local optional levy equals the district's second
50	50	2.20tier local optional revenue times the lesser of one or the ratio of the district's referendum
51	51	2.21market value per resident pupil unit to equalizing factor is $642,038. For fiscal year 2027
52	52	2.22and later, a district's, the second tier local optional levy equals the district's second tier local
53	53	2.23optional revenue times the lesser of one or the ratio of the district's referendum market value
54	54	2.24per resident pupil unit to equalizing factor is $671,345. For fiscal year 2028, the second tier
55	55	2.25local optional equalizing factor is $830,000. For fiscal year 2029 and later, the second tier
56	56	2.26local optional equalizing factor is $940,000.
57	57	2.27 (e) (f) The local optional levy must be spread on referendum market value. A district
58	58	2.28may levy less than the permitted amount.
59	59	2.29 (f) (g) A district's local optional aid equals its local optional revenue minus its local
60	60	2.30optional levy. If a district's actual levy for first or second tier local optional revenue is less
61	61	2.31than its maximum levy limit for that tier, its aid must be proportionately reduced.
62	62	2.32 EFFECTIVE DATE.This section is effective for revenue for fiscal year 2027 and later.
63	63	2Section 1.
64	64	25-04177 as introduced02/21/25 REVISOR CR/HL 3.1 Sec. 2. APPROPRIATION; GENERAL EDUCATION AID.
65	65	3.2 Subdivision 1.Department of Education.The sum indicated in this section is
66	66	3.3appropriated from the general fund to the Department of Education in the fiscal year
67	67	3.4designated.
68	68	3.5 Subd. 2.Additional local optional aid.For additional local optional aid under section
69	69	3.61:
70	70	2027............3.7 $
71	71	3Sec. 2.
72	72	25-04177 as introduced02/21/25 REVISOR CR/HL