Minnesota HF923 clarifies career and technical education aid and levy amounts.
Minnesota HF923 amends the career and technical education levy rules, specifying the amount districts can levy based on career and technical revenue and adjusted net tax capacity. For fiscal year 2014, a district can levy up to the product of its career and technical revenue times the lesser of one or the ratio of its adjusted net tax capacity per adjusted pupil unit. The career and technical revenue equalizing factor for fiscal year 2014 is $7,612.
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