MN SF4268

Creates a new third tier of local optional revenue for school districts equal to $100 per adjusted pupil unit minus the district's operating referendum revenue per adjusted pupil unit, targeting districts with limited referendum revenue authority

Third tier local optional levy calculated using referendum market value per resident pupil unit ratio to $880,000, matching the first tier threshold

Second tier local optional levy threshold set at $671,345 referendum market value per resident pupil unit for fiscal year 2027 and later

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

Effective for revenue beginning fiscal year 2027