Spreadsheet: 4231167f-ee42-4c8a-b359-af48e448f061
Sheet: Law

RELEVANT STATUTUES
Minnesota Statutes 2001
126C.16 Referendum and desegregation revenue conversion.
Subdivision 1.    Revenue conversion.  Except as provided under subdivision 3, the referendum authority under
section 126C.17 of a district must be converted by the department according to this section.
Subd. 3.    Per pupil revenue conversion.  (a) The department must convert each district's referendum revenue
authority for fiscal year 2002 and later years to an allowance per pupil unit as follows:  the revenue allowance
equals the amount determined by dividing the district's maximum revenue under section 126C.17, for fiscal
year 2001 by the district's 2000-2001 resident marginal cost pupil units.  A district's maximum revenue for all
later years for which the revenue is authorized equals the revenue allowance times the district's resident
marginal cost pupil units for that year.
(b) The referendum allowance reduction must be applied first to the authority with the earliest expiration date.
126C.17 Referendum revenue.
Subdivision 1.    Referendum allowance.  (a) For fiscal year 2002, a district's referendum revenue allowance
equals the sum of the allowance under section 126C.16, subdivision 2, plus any additional allowance per
resident marginal cost pupil unit authorized under subdivision 9 for fiscal year 2002.
Note:  Subdivision 9 relates to the creation of new referendum authorities.
(b) For fiscal year 2003 and later, a district's initial referendum revenue allowance equals the sum of the
allowance under section 126C.16, subdivision 2, plus any additional allowance per resident marginal cost
pupil unit authorized under subdivision 9 before May 1, 2001, for fiscal year 2002 and later, plus the
referendum conversion allowance approved under subdivision 13, minus $415.  For districts with more than
one referendum authority, the reduction must be computed separately for each authority.  The reduction must
be applied first to the referendum conversion allowance and next to the authority with the earliest expiration
date.  A district's initial referendum revenue allowance may not be less than zero.
(c) For fiscal year 2003 and later, a district's referendum revenue allowance equals the initial referendum
allowance plus any additional allowance per resident marginal cost pupil unit authorized under subdivision 9
after April 30, 2001, for fiscal year 2003 and later.
Subd. 13.    Referendum conversion allowance.  A school district that received supplemental or transition
revenue in fiscal year 2002 may convert its supplemental revenue conversion allowance and transition revenue
conversion allowance to additional referendum allowance under subdivision 1 for fiscal year 2003 and
thereafter.  A majority of the school board must approve the conversion at a public meeting before November
1, 2001.  For a district with other referendum authority, the referendum conversion allowance approved by the
board continues until the portion of the district's other referendum authority with the earliest expiration date
after June 30, 2006, expires.  For a district with no other referendum authority, the referendum conversion
allowance approved by the board continues until June 30, 2012.
Copyright 2001 by the Office of Revisor of Statutes, State of Minnesota.