SF1294 (Legislative Session 94 (2025-2026))
Charter schools local optional revenue aid provision
AI Generated Summary
This legislative bill, S.F. No. 1294, proposes changes to how funding is calculated for charter schools in Minnesota. It intends to align the financing of charter schools with traditional school districts by ensuring that charter schools receive similar public fund allocations. Specifically, the bill modifies the existing law to ensure charter schools get funded based on the general education revenue formulas that apply to regular districts, including adjustments for various educational programs and needs such as special education and extended day/week programs. Additionally, it provides for local optional revenue aid to be calculated in proportion to the number of students enrolled in the charter school, similar to how it is calculated for districts. This change would potentially increase financial support for charter schools by aligning their funding more closely with other public schools in the state.
Bill text versions
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
February 12, 2025 | Senate | Floor | Action | Introduction and first reading | |
February 12, 2025 | Senate | Floor | Action | Referred to | Education Finance |
March 02, 2025 | Senate | Floor | Action | Author added |
Citations
[ { "analysis": { "added": [], "removed": [], "summary": "This bill modifies the revenue calculation for charter schools under section 124E.20.", "modified": [ "Changes to how revenue components are calculated for charter schools based on local optional revenue aid." ] }, "citation": "124E.20" }, { "analysis": { "added": [], "removed": [], "summary": "The bill references section 126C.10 for formulas related to financial calculations.", "modified": [ "Inclusion of local optional revenue as determined under section 126C.10." ] }, "citation": "126C.10" }, { "analysis": { "added": [], "removed": [], "summary": "This section is used to define criteria for special education charter schools and their funding.", "modified": [ "Clarification for calculating general education revenue for special education charter schools." ] }, "citation": "124E.21" } ]