ND SB2160

Amends North Dakota Century Code section 15.1-27-04.1 to clarify how baseline funding for school districts is calculated and reported under the state foundation aid system.

Reorganizes revenue types included in baseline funding calculations by consolidating paragraphs and specifying that certain revenues (mineral, tuition, electric power payments in lieu of taxes, telecommunications) are counted at 75 percent while others (mobile home taxes, homestead and veterans credits) are counted at 100 percent.

Establishes that for 2017-18 and 2018-19, school districts receive state aid equal to their weighted student units multiplied by $9,646, adjusted to ensure payments are between 108 percent and 140 percent of baseline funding per weighted student unit.

Requires the superintendent of public instruction to subtract 60 mills multiplied by district taxable valuation and 75-100 percent of specified apportioned revenues to determine final state aid amounts.

Directs county auditors to annually report revenue amounts, total mills levied, and general fund mills levied for each school district to the superintendent of public instruction.