MN SF422

Establishes legislative policy to prioritize the basic revenue component of general education funding and minimize per-student funding differences statewide, effective fiscal year 2013 and later.

Requires that at least 90 percent of any increase in state education appropriations formulas must be directed to raising the basic revenue formula allowance.

Modifies integration revenue calculations by consolidating separate funding formulas for Duluth ISD #709, St. Paul ISD #625, and Minneapolis Special School District #1 into a single formula for districts required to implement integration plans with protected student enrollment exceeding 15 percent.

Replaces variable formula allowance references with a fixed amount of $5,124 in compensatory education revenue, elementary sparsity revenue, secondary sparsity revenue, and transportation sparsity revenue calculations.

Eliminates outdated budget restrictions that limited certain districts' integration revenue increases above fiscal year 2000 levels.