MN SF4368

Modifies compensatory education revenue calculation for fiscal year 2027 and later to equal compensatory pupils multiplied by the building compensatory allowance, replacing the previous formula based on formula allowance minus $839 times compensation revenue pupil units

Establishes a minimum statewide compensatory revenue floor of $857,152,000 for fiscal year 2027 and later; if calculated amounts fall below this threshold, the commissioner must proportionately increase revenue to each building

Creates a building minimum guarantee for fiscal year 2027 only, ensuring each building receives at least 90% of its fiscal year 2026 compensatory education revenue, adjusted for enrollment changes between October 1, 2024 and October 1, 2025

Extends through fiscal year 2028 the temporary flexibility allowing districts to allocate up to 40% of compensatory revenue across school sites according to a school board plan, rather than the standard 80% building allocation requirement

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