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Minnesota Statutes Education Code: Prekindergarten-Grade 12 (Ch. 120-129C) § 126C.13. General education aid

Current as of January 01, 2023 | Updated by FindLaw Staff

Subdivisions 1 to 3. Repealed by Laws 2001, c. 5, art. 2, § 30, par. (b).

Subds. 3a to 3c. Repealed by Laws 2015, 1st Sp., c. 3, § 28, par. (b), effective for taxes payable in 2018.

Subd. 4. General education aid. For fiscal year 2015 and later, a district's general education aid equals:

(1) general education revenue, excluding operating capital revenue, equity revenue, local optional revenue, and transition revenue, minus the student achievement levy, multiplied times the ratio of the actual amount of student achievement levy levied to the permitted student achievement levy; plus

(2) operating capital aid under section 126C.10, subdivision 13b;

(3) equity aid under section 126C.10, subdivision 30; plus

(4) transition aid under section 126C.10, subdivision 33; plus

(5) shared time aid under section 126C.01, subdivision 7; plus

(6) referendum aid under section 126C.17, subdivisions 7 and 7a; plus

(7) online learning aid under section 124D.096; plus

(8) local optional aid according to section 126C.10, subdivision 2e, paragraph (c).

Subd. 5. Uses of revenue. Except as provided in sections 126C.10, subdivision 14; 126C.12; and 126C.15, general education revenue may be used during the regular school year and the summer for general and special school purposes.

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Cite this article: FindLaw.com - Minnesota Statutes Education Code: Prekindergarten-Grade 12 (Ch. 120-129C) § 126C.13. General education aid - last updated January 01, 2023 | https://codes.findlaw.com/mn/education-code-prekindergarten-grade-12-ch-120-129c/mn-st-sect-126c-13/

Read this complete Minnesota Statutes Education Code: Prekindergarten-Grade 12 (Ch. 120-129C) § 126C.13. General education aid on Westlaw

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