MN HF2544

Changes location equity revenue calculation by replacing the eligibility criterion of "more than 2,000 pupils in adjusted average daily membership" with "not eligible for small schools revenue under subdivision 2c" for non-metropolitan school districts.

Modifies referendum allowance calculations to subtract $424 (metropolitan districts) or $212 (other districts) per adjusted pupil unit to offset location equity revenue, with the subtraction applied first to allowances without voter-approved inflation adjustments.

Integrates location equity aid into the referendum aid guarantee calculation, ensuring combined referendum equalization aid and location equity aid does not fall below specified minimums for fiscal years 2015 and later.

Changes ballot language for referendum revocation or reduction proceedings from "resident marginal cost pupil unit" to "adjusted pupil unit."

Clarifies that board-approved referendum allowance conversions under subdivision 9a are calculated after applying the location equity subtraction under subdivision 1.