MN SF2207

Adjusts equity revenue calculations for Independent School District No. 728 (Elk River) by multiplying the standard equity revenue formula by a factor based on student residence in metro counties.

Applies a multiplier of one plus 0.25 times the percentage of the district's students residing in Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, or Washington County.

Allows the district to add any additional equity revenue it qualifies for under existing statute to the amount calculated under this adjustment.

Effective for fiscal year 2013 and later.