Loading chat...
ND HB1370
Bill
Status
1/10/2019
Primary Sponsor
Richard Holman
Click for details
AI Summary
-
Amends North Dakota Century Code section 15.1-27-04.1 to establish baseline funding calculations for determining state foundation aid to school districts based on 2012-13 school year funding levels.
-
Baseline funding includes state aid, mill levy reduction grants, general fund levies (capped at 110 mills), long-distance learning levies, alternative education program levies, and specified percentages of other revenues including mineral revenue, tuition, mobile home taxes, and telecommunications taxes.
-
For 2017-18 and 2018-19, superintendent multiplies district's weighted student units by $9,646 and adjusts results to ensure funding is at least 108% of baseline per weighted student unit but not exceeding 140% of baseline.
-
State aid calculations subtract 60 mills multiplied by the district's taxable valuation (with a 12% annual increase limit) and 75% of most baseline revenues, with exceptions for residential treatment facility programs and nonresident student tuition without state cross-border education contracts.
-
Final state aid amount equals remaining balance after subtracting local revenue contributions and property tax equivalents, subject to other statutory requirements or limitations.
Legislative Description
State foundation aid payments to school districts.
Last Action
Second reading, failed to pass, yeas 6 nays 86
2/5/2019