as introduced - 89th Legislature (2015 - 2016) Posted on 04/06/2016 01:00pm
A bill for an act
relating to education finance; fully funding unreimbursed special education
expenses; amending Minnesota Statutes 2015 Supplement, section 125A.79,
subdivision 5.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2015 Supplement, section 125A.79, subdivision 5,
is amended to read:
For fiscal year 2016 and later, a district's excess cost
aid equals the greater of:
(1) deleted text begin 56 percent of the difference between (i)deleted text end new text begin the sum ofnew text end the district's unreimbursed
nonfederal special education expenditures and deleted text begin (ii) 7.0 percent of the product of the ratio of
$5,831 to the formula allowance for the prior year and the district's general revenue;
deleted text end
deleted text begin (2) 62 percent of the difference between (i)deleted text end the district's unreimbursed old formula
special education expenditures deleted text begin and (ii) 2.5 percent of the product of the ratio of $5,831 to
the formula allowance for the prior year and the district's general revenuedeleted text end ; or
deleted text begin (3)deleted text end new text begin (2) new text end zero.
new text begin
This section is effective for aid for fiscal year 2017 and later.
new text end