AI Generated Summary
This bill, Minnesota Senate File No. 1612, focuses on education finance and proposes various funding increases for school districts. Key components of the bill include:
- Increased General Education Funding – Raises the general education basic formula allowance, which determines per-student funding for public schools.
- Special Education Support – Increases special education cross-subsidy aid to help cover the gap between special education costs and available funding.
- School Unemployment Aid – Provides additional funds for the school unemployment aid account.
- English Learner Support – Expands cross-subsidy aid for English learners, supporting districts with high numbers of non-native English speakers.
- School Safety Funding – Increases safe schools revenue to enhance security and support services in schools.
- Extended Time Revenue Adjustment – Links extended time revenue (funding for students needing additional instructional time) to the general education basic formula allowance.
- Debt Service Equalization Aid – Raises equalization aid for various levies, including debt service levies, local optional revenue, and operating referendums, reducing the reliance on local property taxes.
- Compensatory Revenue Eligibility Update – Changes how schools qualify for compensatory revenue by using both direct certification and education benefits applications, potentially increasing funding for low-income students.
- Operating Referendum Renewal – Allows school boards to renew voter-approved operating referenda multiple times, providing more financial stability for school districts.
The bill also includes amendments to several Minnesota Statutes (2024) to implement these changes.
Bill text versions
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
February 19, 2025 | Senate | Floor | Action | Introduction and first reading | |
February 19, 2025 | Senate | Floor | Action | Referred to | Education Finance |
Citations
[ { "analysis": { "added": [ "Modifies fiscal year equalizing factors for fiscal years 2025 and beyond." ], "removed": [], "summary": "This bill amends the equalized debt service levy calculation under section 123B.53, subdivision 5.", "modified": [ "Adjusts ratios for first and second tier equalized debt service levies based on school district tax capacity and pupil units." ] }, "citation": "123B.53" }, { "analysis": { "added": [], "removed": [], "summary": "This bill addresses amendments to special education cross subsidy aid in section 124D.65, subdivision 5a.", "modified": [ "Adjusts aid calculation components for special education funding." ] }, "citation": "124D.65" }, { "analysis": { "added": [], "removed": [], "summary": "This bill modifies special education funding formulas under section 125A.76, subdivision 2e.", "modified": [ "Updates fiscal data used in calculating special education aid." ] }, "citation": "125A.76" }, { "analysis": { "added": [], "removed": [], "summary": "Amends general education revenue calculations in section 126C.10, various subdivisions.", "modified": [ "Modifies basic formula allowances and extended time revenue calculations." ] }, "citation": "126C.10" }, { "analysis": { "added": [], "removed": [], "summary": "This bill changes operating referendum calculations in section 126C.17, various subdivisions.", "modified": [ "Adjusts conditions and rates for operating referendums." ] }, "citation": "126C.17" }, { "analysis": { "added": [], "removed": [], "summary": "This bill modifies local optional revenue calculations under section 126C.44, subdivision 1.", "modified": [ "Updates revenue eligibility based on new funding formula." ] }, "citation": "126C.44" } ]