1/15/2003
35
Contract Settlement Deadline Penalty
lM.S. 125A.75, Subd. 3
lReduces state aid to districts by $25 per pupil in the first year of a biennium if a district and its teachers’ union fail to reach a collective bargaining agreement by January 15 of the year following the expiration of the teachers contract
lThis penalty was set aside for the last bargaining cycle (2001-02 & 2002-03 school years)