Bill Text: MN HF58 | 2011-2012 | 87th Legislature | Introduced


Bill Title: Independent School District No. 356, Lancaster, transition revenue adjusted.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2011-02-14 - Motion to return bill to author, motion prevailed [HF58 Detail]

Download: Minnesota-2011-HF58-Introduced.html

1.1A bill for an act
1.2relating to education finance; adjusting transition revenue for Independent
1.3School District No. 356, Lancaster;amending Minnesota Statutes 2010, section
1.4126C.10, subdivision 31.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6    Section 1. Minnesota Statutes 2010, section 126C.10, subdivision 31, is amended to
1.7read:
1.8    Subd. 31. Transition revenue. (a) A district's transition allowance equals the
1.9greater of zero or the product of the ratio of the number of adjusted marginal cost pupil
1.10units the district would have counted for fiscal year 2004 under Minnesota Statutes 2002
1.11to the district's adjusted marginal cost pupil units for fiscal year 2004, times the difference
1.12between: (1) the lesser of the district's general education revenue per adjusted marginal
1.13cost pupil unit for fiscal year 2003 or the amount of general education revenue the district
1.14would have received per adjusted marginal cost pupil unit for fiscal year 2004 according
1.15to Minnesota Statutes 2002, and (2) the district's general education revenue for fiscal year
1.162004 excluding transition revenue divided by the number of adjusted marginal cost pupil
1.17units the district would have counted for fiscal year 2004 under Minnesota Statutes 2002.
1.18    (b) A district's transition revenue for fiscal years 2006 through 2009 equals the sum
1.19of the product of the district's transition allowance times the district's adjusted marginal
1.20cost pupil units plus the district's transition for prekindergarten revenue under subdivision
1.2131a.
1.22    (c) A district's transition revenue for fiscal year 2010 and later equals the sum of
1.23the product of the district's transition allowance times the district's adjusted marginal cost
2.1pupil units plus the district's transition for prekindergarten revenue under subdivision 31a
2.2plus the district's transition for tuition reciprocity revenue under subdivision 31c.
2.3(d) Notwithstanding paragraph (c), for fiscal year 2012 and later, the transition
2.4revenue for Independent School District No. 356, Lancaster, equals the sum of the product
2.5of the district's transition allowance under paragraph (c), plus $476 times the district's
2.6adjusted marginal cost pupil units.
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