Bill > HF1028

This bill proposes several key changes to Minnesota's education finance system to increase school district funding across multiple areas. The bill increases the general education basic formula allowance for fiscal years 2024-2025 and establishes a mechanism for future increases linked to inflation, with potential annual increases up to 4-5%. It raises the English learner cross subsidy aid to 90% for fiscal year 2027 and later, and increases special education cross subsidy reduction aid to 90% for fiscal year 2027 and beyond. The bill also modifies local optional revenue, setting a new allowance of $957 per adjusted pupil unit for fiscal year 2027 and later. Additionally, the legislation expands how schools can calculate student eligibility for compensatory revenue by considering both direct certification and application of educational benefits for free and reduced-price meals. The bill allows school boards more flexibility in renewing operating referendums, permitting renewal by board action under certain conditions and removing previous restrictions on the number of renewals. These changes aim to provide more stable and flexible funding for school districts, support students with additional needs, and streamline administrative processes for school funding.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1028&ssn=0&y=2025