Bill
Bill > SF1200
summary
Introduced
02/10/2025
02/10/2025
In Committee
02/10/2025
02/10/2025
Crossed Over
Passed
Dead
Introduced Session
94th Legislature 2025-2026
Bill Summary
A bill for an act relating to education finance; clarifying the calculation of charter school general education revenue; amending Minnesota Statutes 2024, section 124E.20, subdivision 1.
AI Summary
This bill clarifies the calculation of general education revenue for charter schools by modifying how funding is determined. Specifically, the bill adjusts the revenue calculation to include the state average general education revenue per adjusted pupil unit, adding the referendum equalization aid allowance and first tier local optional aid allowance from the pupil's district of residence. The bill also maintains provisions for charter schools with extended day, week, or summer programs, which can receive an additional 25 percent of the statewide average extended time revenue per adjusted pupil unit. For special education charter schools, the bill ensures they receive their base general education revenue plus compensation for unreimbursed costs of educating students not eligible for special education services. The changes are technical in nature and aim to provide a more precise and equitable funding mechanism for charter schools. The bill specifies that these modifications will take effect for revenue in fiscal year 2026 and subsequent years, giving schools and administrators time to prepare for the new calculation method.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred to Education Finance (on 02/10/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
Document Type | Source Location |
---|---|
State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1200&ssn=0&y=2025 |
BillText | https://www.revisor.mn.gov/bills/text.php?number=SF1200&version=0&session=ls94&session_year=2025&session_number=0&format=pdf |
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