Minnesota HF3654 renames the local optional revenue program, increases funding, and appropriates money.

Minnesota HF3654 renames the local optional revenue program to the local education revenue program. It increases funding for the program and appropriates money from the general fund to the Department of Education. The bill also revises the calculation of local optional education revenue and local optional education aid for school districts. Effective for fiscal year 2027 and later, the bill adjusts the revenue formulas and provides additional aid for charter schools.

Minnesota HF3654 renames the local optional revenue program, increases funding, and appropriates money.

Minnesota HF3654 renames the local optional revenue program to the local education revenue program. It increases funding for the program and appropriates money from the general fund to the Department of Education. The bill also revises the calculation of local optional education revenue and local optional education aid for school districts. Effective for fiscal year 2027 and later, the bill adjusts the revenue formulas and provides additional aid for charter schools.