Consolidation transition aid increase for school districts provision

This bill increases financial aid for Minnesota school districts that have recently consolidated. It raises the consolidation transition aid rate from $200 to $424 per resident student unit in the consolidation year, and from $100 to $212 in the following year. The change specifically affects districts that consolidated on or after July 1, 1995, with a cap of 1,500 student units for calculating aid. If funding is insufficient, the bill prioritizes paying districts the full aid amount for the year immediately following consolidation before distributing remaining funds to the first year of consolidation.