The bill amends Minnesota Statutes 2024, section 125A.76, subdivision 2e, to increase special education cross subsidy aid for school districts. The cross subsidy aid factor is revised from a previous rate of 6.43 percent for fiscal year 2023 to a new rate of 50 percent for fiscal year 2024 and continuing for fiscal year 2027 and later. Additionally, the bill establishes that this section will be effective for special education aid starting in fiscal year 2026.
Furthermore, the bill includes appropriations from the general fund to the Department of Education specifically for special education aid under sections 125A.76 and 125A.79. This financial support aims to enhance the resources available for special education, thereby reducing the financial burden on school districts related to special education services.
Statutes affected: Introduction: 125A.76