Minnesota SF4022 modifies the calculation of compensatory aid for fiscal year 2027.
Minnesota SF4022 modifies the calculation of compensatory aid for fiscal year 2027. It amends the formula for calculating compensatory revenue pupil units, adjusting how revenue is allocated to school buildings. The bill specifies that if the sum of the calculated amounts is less than a certain threshold, the commissioner must proportionately increase the revenue to each building. It also details how compensatory revenue is to be paid to fiscal agent districts and districts contracting with alternative programs.
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