HB 1248 Summary

• Amends section 15.1-27-04.1 of the North Dakota Century Code to modify the calculation of state aid for school districts based on baseline funding established from the 2012-13 school year.

• Establishes per-weighted-student-unit funding amounts that increase annually from 2015-16 through 2016-17, ranging from $9,482 to $9,766 per unit, with minimum and maximum adjustment thresholds.

• Provides special funding protection for small districts with fewer than 300 students in average daily membership, ensuring minimum per-unit funding amounts of $8,534 (2015-16) and $8,789 (2016-17).

• Requires the superintendent of public instruction to subtract 60 mills multiplied by taxable valuation and 75-100 percent of specified revenues (depending on revenue type) from calculated funding amounts to determine final state aid.

• Becomes effective July 1, 2015, and is declared an emergency measure.