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MN HF3331
Bill
Status
Introduced
3/4/2010
Primary Sponsor
Mindy Greiling
Click for details
AI Summary
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Amends Minnesota Statutes 2008, section 126C.10, subdivision 2 to remove obsolete language regarding the 2007 fiscal year formula allowance of $4,974.
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Sets the formula allowance for fiscal year 2008 at $5,074 for calculating basic revenue in school districts.
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Establishes the formula allowance for fiscal year 2009 and all subsequent years at $5,124.
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Basic revenue for each school district equals the formula allowance multiplied by adjusted marginal cost pupil units for the school year.
Legislative Description
School district basic revenue obsolete language removed.
Last Action
House: Division action, to pass and return to Finance
3/11/2010
Full Bill Text
No bill text available