Minnesota HF2100 reduces referendum allowances and increases local optional revenue authority for school districts.
Minnesota HF2100 amends the state's education finance laws by reducing referendum allowances for school districts and increasing their local optional revenue authority. The bill specifies calculations for determining a district's referendum allowance, including adjustments for inflation and expiration of allowances. It also outlines the formula for calculating a district's local optional revenue and levy, affecting fiscal years 2025 through 2027. Additionally, the bill appropriates funds to the Department of Education for fiscal years 2025 and 2026.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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