Independent School District #186, Pequot Lakes PSEO adjustment authorization and appropriation

This bill corrects a funding error for Pequot Lakes Independent School District #186 related to Postsecondary Enrollment Options (PSEO) programs. It reimburses the district for lost state education aid caused by incorrect PSEO enrollment data in fiscal years 2024 and 2025, where students took combined high school and college course loads exceeding limits. The Minnesota Department of Education must calculate the exact amount of lost aid and pay 100% of it to the district in fiscal year 2026. The bill directly affects only Pequot Lakes School District and resolves a specific administrative error in PSEO funding calculations.