Bill Text: MN SF713 | 2011-2012 | 87th Legislature | Introduced
Bill Title: General education basic education revenue formula obsolete language deletion
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2011-03-10 - Referred to Education [SF713 Detail]
Download: Minnesota-2011-SF713-Introduced.html
1.2relating to education finance; removing obsolete language;amending Minnesota
1.3Statutes 2010, section 126C.10, subdivision 2.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. Minnesota Statutes 2010, section 126C.10, subdivision 2, is amended to read:
1.6 Subd. 2. Basic revenue. The basic revenue for each district equals the formula
1.7allowance times the adjusted marginal cost pupil units for the school year.The formula
1.8allowance for fiscal year 2007 is $4,974. The formula allowance for fiscal year 2008 is
1.9$5,074 and the formula allowance for fiscal year 2009 and subsequent years is $5,124.
1.3Statutes 2010, section 126C.10, subdivision 2.
1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
1.5 Section 1. Minnesota Statutes 2010, section 126C.10, subdivision 2, is amended to read:
1.6 Subd. 2. Basic revenue. The basic revenue for each district equals the formula
1.7allowance times the adjusted marginal cost pupil units for the school year.
1.8
1.9$5,074 and the formula allowance for fiscal year 2009 and subsequent years is $5,124.
