MN HF3654

Renames Minnesota's "local optional revenue" program to "local education revenue" throughout state statutes, with corresponding changes to "local education aid" and "local education levy"

Consolidates the two-tier local optional revenue structure into a single formula based on: the local education allowance ($979 for fiscal year 2027), a geographic cost index tied to regional wages, and adjusted pupil units

Increases charter school general education revenue by $132 per adjusted pupil unit, effective fiscal year 2027

Modifies referendum tax base replacement aid and referendum aid guarantee calculations for fiscal year 2027 and later to be based on per-pupil amounts that scale with current year enrollment

Appropriates an unspecified amount from the general fund to the Department of Education for additional general education aid in fiscal year 2027