What is happening at the Capitol
With just 10 days to go before the mandatory end of session on May 22, budget negotiations broke off between the legislative leaders and the governor this week. The legislature decided to pass the 10 budget bills that were crafted in the conference committees to show that they are able to get their work done. The bills will be sent to the governor for a certain veto. The slim one-vote republican majority in the Senate hindered this effort. A republican Senator left the Capitol on a family emergency Wednesday. With the remaining 33 - 33 split in the Senate, none of the five remaining controversial budget bills can be passed without DFL support, which isn't going to happen.
The tax conference committee met this week and amended the tax omnibus bill. The property tax relief through debt service equalization was extended from one year to two years beginning with property taxes paid in 2018 for the 2018-19 school year. The good news is it will be easier to make this property tax relief permanent in 2020 during the next major budget session. The bad news is the existing funds were spread over the two years cutting the annual increased equalization funding in half.
Here is the updated equalization aid per district.
As always, check out
Brad's Blog
for more detailed information on what is happening at the Capitol.
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