Bill Text: MN SF977 | 2011-2012 | 87th Legislature | Introduced
Bill Title: Charter school revenue formulas modifications
Sponsorship: Bipartisan Bill
Status: (Introduced - Dead) 2011-03-21 - Referred to Education [SF977 Detail]
Download: Minnesota-2011-SF977-Introduced.html
1.2relating to education finance; modifying charter school revenue formulas;
1.3amending Minnesota Statutes 2010, section 124D.11, subdivisions 1, 4.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. Minnesota Statutes 2010, section 124D.11, subdivision 1, is amended to read:
1.6 Subdivision 1. General education revenue. (a) General education revenue must
1.7be paid to a charter school as though it were a district. The general education revenue
1.8for each adjusted marginal cost pupil unit is the state average general education revenue
1.9per pupil unit, plus the referendum equalization aid allowance in the pupil's district of
1.10residence, plus savings aid under subdivision 4, paragraph (c), minus an amount equal
1.11to the product of the formula allowance according to section126C.10, subdivision 2 ,
1.12times .0485, calculated without basic skills revenue, extended time revenue, alternative
1.13teacher compensation revenue, transition revenue, and transportation sparsity revenue,
1.14plus basic skills revenue, extended time revenue, basic alternative teacher compensation
1.15aid according to section126C.10, subdivision 34 , and transition revenue as though the
1.16school were a school district. The general education revenue for each extended time
1.17marginal cost pupil unit equals $4,378.
1.18(b) Notwithstanding paragraph (a), for charter schools in the first year of operation,
1.19general education revenue shall be computed using the number of adjusted pupil units
1.20in the current fiscal year.
1.21EFFECTIVE DATE.This section is effective for revenue for fiscal year 2012
1.22and later.
2.1 Sec. 2. Minnesota Statutes 2010, section 124D.11, subdivision 4, is amended to read:
2.2 Subd. 4. Building lease and savings aid. (a) When a charter school finds it
2.3economically advantageous to rent or lease a building or land for any instructional
2.4purposes and it determines that the total operating capital revenue under section126C.10,
2.5subdivision 13 , is insufficient for this purpose, it may apply to the commissioner for
2.6building lease aid for this purpose. The commissioner must review and either approve or
2.7deny a lease aid application using the following criteria:
2.8(1) the reasonableness of the price based on current market values;
2.9(2) the extent to which the lease conforms to applicable state laws and rules; and
2.10(3) the appropriateness of the proposed lease in the context of the space needs and
2.11financial circumstances of the charter school.
2.12 (b) A charter school must not use the building lease aid it receives for custodial,
2.13maintenance service, utility, or other operating costs. The amount of building lease aid
2.14per pupil unit served for a charter school for any year shall not exceed the lesser of(a)
2.15(1) 90 percent of the approved cost or(b) (2) the product of the pupil units served for the
2.16current school year times the greater of the charter school's building lease aid per pupil
2.17unit served for fiscal year 2003, excluding the adjustment under Laws 2002, chapter
2.18392, article 6, section 4, or $1,200.
2.19(c) If a charter school, currently receiving aid under this subdivision, negotiates a
2.20lease that would decrease the lease aid per pupil unit that the charter school receives, the
2.21charter school's savings aid shall equal one-half of that difference. If a charter school
2.22has not previously received aid under this subdivision, the charter school's savings aid
2.23shall equal one-half of the difference between $1,200 and the school's initial lease aid
2.24per pupil unit.
2.25EFFECTIVE DATE.This section is effective for revenue for fiscal year 2012
2.26and later.
1.3amending Minnesota Statutes 2010, section 124D.11, subdivisions 1, 4.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. Minnesota Statutes 2010, section 124D.11, subdivision 1, is amended to read:
1.6 Subdivision 1. General education revenue. (a) General education revenue must
1.7be paid to a charter school as though it were a district. The general education revenue
1.8for each adjusted marginal cost pupil unit is the state average general education revenue
1.9per pupil unit, plus the referendum equalization aid allowance in the pupil's district of
1.10residence, plus savings aid under subdivision 4, paragraph (c), minus an amount equal
1.11to the product of the formula allowance according to section
1.12times .0485, calculated without basic skills revenue, extended time revenue, alternative
1.13teacher compensation revenue, transition revenue, and transportation sparsity revenue,
1.14plus basic skills revenue, extended time revenue, basic alternative teacher compensation
1.15aid according to section
1.16school were a school district. The general education revenue for each extended time
1.17marginal cost pupil unit equals $4,378.
1.18(b) Notwithstanding paragraph (a), for charter schools in the first year of operation,
1.19general education revenue shall be computed using the number of adjusted pupil units
1.20in the current fiscal year.
1.21EFFECTIVE DATE.This section is effective for revenue for fiscal year 2012
1.22and later.
2.1 Sec. 2. Minnesota Statutes 2010, section 124D.11, subdivision 4, is amended to read:
2.2 Subd. 4. Building lease and savings aid. (a) When a charter school finds it
2.3economically advantageous to rent or lease a building or land for any instructional
2.4purposes and it determines that the total operating capital revenue under section
2.5subdivision 13
2.6building lease aid for this purpose. The commissioner must review and either approve or
2.7deny a lease aid application using the following criteria:
2.8(1) the reasonableness of the price based on current market values;
2.9(2) the extent to which the lease conforms to applicable state laws and rules; and
2.10(3) the appropriateness of the proposed lease in the context of the space needs and
2.11financial circumstances of the charter school.
2.12 (b) A charter school must not use the building lease aid it receives for custodial,
2.13maintenance service, utility, or other operating costs. The amount of building lease aid
2.14per pupil unit served for a charter school for any year shall not exceed the lesser of
2.15(1) 90 percent of the approved cost or
2.16current school year times the greater of the charter school's building lease aid per pupil
2.17unit served for fiscal year 2003, excluding the adjustment under Laws 2002, chapter
2.18392, article 6, section 4, or $1,200.
2.19(c) If a charter school, currently receiving aid under this subdivision, negotiates a
2.20lease that would decrease the lease aid per pupil unit that the charter school receives, the
2.21charter school's savings aid shall equal one-half of that difference. If a charter school
2.22has not previously received aid under this subdivision, the charter school's savings aid
2.23shall equal one-half of the difference between $1,200 and the school's initial lease aid
2.24per pupil unit.
2.25EFFECTIVE DATE.This section is effective for revenue for fiscal year 2012
2.26and later.
