Minnesota HF1988 increases referendum levy equalizing factors and appropriates funds for education.

Minnesota HF1988 amends the referendum equalization levy by increasing the factors for both the first and second tiers. The bill also appropriates funds from the general fund to the Department of Education for fiscal years 2025 through 2027. This change affects how districts calculate their referendum equalization levies, impacting their ability to raise funds for education.

Minnesota HF1988 increases referendum levy equalizing factors and appropriates funds for education.

Minnesota HF1988 amends the referendum equalization levy by increasing the factors for both the first and second tiers. The bill also appropriates funds from the general fund to the Department of Education for fiscal years 2025 through 2027. This change affects how districts calculate their referendum equalization levies, impacting their ability to raise funds for education.