This bill amends several sections of the North Dakota Century Code to refine the funding structure for school districts, particularly in relation to state aid payments and local levies. Key changes include the establishment of baseline funding for state aid calculations based on the aid received during the 2018-19 school year and property tax deductions. The bill introduces a phased approach for adjusting funding for school districts transitioning to elementary districts, ensuring proportional reductions based on weighted student units. Additionally, it specifies that the superintendent of public instruction will calculate state aid using a combination of weighted student units and baseline funding, with adjustments for various revenue types. The effective date for these changes is set for after June 30, 2025.

The bill also addresses school district levies and property tax relief by terminating the authority for unlimited levies approved before July 1, 2009, and modifying allowable tax levies to not exceed the amount generated by a forty-five mill levy. It introduces provisions for levies related to miscellaneous purposes, tuition payments, and school safety plans, ensuring that proceeds are allocated to designated funds. Furthermore, the bill mandates property tax statements to include a line item for "legislative tax relief" and revises the calculation of this relief by adjusting mill levy reduction grants. Certain sections of the North Dakota Century Code are repealed, with new provisions taking effect after December 31, 2024.

Statutes affected:
INTRODUCED: 15.1-27-04.1, 15.1-27-04.2, 57-15-01.1, 57-15-14, 57-15-14.2, 57-20-07.1