Here's the entry from Brad's Blog that outlines the highlights of the K-12 education finance budget bill:
Funding
· Biennial Target of $14.1 billion (same as what went into conference).
· Basic formula increase of $20/PU for 2011-2012 and $21/PU for 2012-2013 (down a bit from where both bodies came into conference).
· Compensatory and Sparsity De-linked from general education basic formula.
· Integration aid becomes innovation aid for 2011-2012 school year. Starting in S012-2103, districts participating in integration program keep their levy amount, but aid is rolled into Senate literacy incentive program.
· Basic special education growth factor set at 2.0% for current biennium, 4.6% beyond that.
· Excess special education growth factor set at 3.0% for current biennium; 2.0% beyond.
· 70%/30% shift levels made permanent.
Reform Measures
· Low-income scholarship program for students in low-performing schools in Minneapolis, St. Paul, and Duluth. (Vouchers)
· Limits the window for teacher negotiations and the ability of districts to go to binding arbitration if a settlement cannot be reached.
· Task Force created to develop teacher evaluation framework to be implemented in every school in the 2012-2013 school year.
· Teacher layoffs stipulations changed from seniority to teacher effectiveness.
· Teachers' tenure changed to 5-year renewable contracts.
· A-through-F school rating system ala Florida.
· Qualified economic offer with binding arbitration for bargaining purposes.
Mandate Relief
· 2% staff development set-aside repealed.
· January 15 negotiating deadline and penalty repealed.
· Safe schools set-aside for counselors, social workers, school psychologists, and school nurses repealed.
· Districts can limit the number of 403(b) providers for employees.
Here's some links for more information on the bill
HF 934 - Bill language
District by District Runs -2011-12 - Gives funding gain/loss over base for each district
District by District Runs -2012-13 -Gives funding gain/loss over base for each district
District Revenue Comparison Table - Compares base revenue under current law versus changes made in HF934/SF1030. The 2011 base is the current funding for 2010-11 school year.