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Key parts of the K-12 education finance plans of the House and
Senate
HOUSE
Contains $8.7 billion in general fund dollars, a $355 million
increase.
Boosts the per-student formula by $86 in 2002 and $125 in 2003,
increases of 2.2 percent and 3.1 percent respectively.
Provides $15 million in incentives for districts that develop
alternative teacher compensation models that reward performance
over seniority and degrees attained.
Revises the method for calculating enrollment in districts in
decline to give them more of a cushion so they can deal with
operating costs that aren't dropping as fast.
Prohibits school districts from approving teacher and other
employee contracts that exceed their anticipated revenues for three
years into the future.
Repeals the Profile of Learning and replaces it with more
regular tests.
Reestablishes a state Board of Education that would handle some
oversight and rulemaking now done by the Department of Children,
Families and Learning. Also sets up a state Board of Administrators
and a state Board for Charter Schools.
Hires a consultant to evaluate the state's academic outcomes in
relation to its spending.
Gives teachers and students more access to exam forms and
answer sheets after the Basic Skills Tests and Minnesota
Comprehensive Assessments are scored.
Raises the cap on local referendums for excess education costs
by 35 percent, or $425.
Directs the CFL to take $113,427 from its budget to repay the
Pew Charitable Trusts for a misused grant uncovered by the
Legislative Auditor.
SENATE
Contains $8.8 billion in general fund dollars, a $457 million
increase.
Boosts the per-student formula by $120 in 2002 and $126 in
2003, increases of 2.6 percent and 3 percent respectively.
Rolls part of local excess levies into the general education
formula to help property-poor districts keep pace with wealthy ones
in funding.
Provides $7.5 million in incentives for districts that develop
alternative teacher compensation models that reward performance
over seniority and degrees attained.
Allots $6 million for school districts to upgrade classroom
technology.
Reduces the per-pupil amount charter schools can receive to pay
for building leases to $1,000 from $1,500.
Directs the CFL to establish an internal audits office and take
$113,427 from its budget to repay the Pew Charitable Trusts for a
misused grant uncovered by the Legislative Auditor.
Permits high school seniors to leave school midyear if they
complete their requirements and have the permission of a guardian
and school officials.
Sets up a program to attract and retain teachers in areas of
great demand. Also includes $5 million for college loan forgiveness
for new teachers.
Source: Associated Press
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