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07-10-23-SWS
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07-10-23-SWS
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(c) The district may only levy the tax authorized in subdivision 4. <br />Subd. 8.Additions and withdrawals.(a) Additional political subdivisions may be added to a special <br />taxing district established under this section as provided by the board of the district and agreed to in a <br />resolution of the governing body of the political subdivision proposed to be added. The addition of a political <br />subdivision to the district may not cause the district to be out of compliance with subdivision 2, paragraph <br />(c). <br />(b) A political subdivision may withdraw from a special taxing district under this section by resolution <br />of its governing body. The political subdivision must notify the board of the special taxing district of the <br />withdrawal by providing a copy of the resolution at least two years in advance of the proposed withdrawal. <br />The taxable property of the withdrawing member is subject to the property tax levy under subdivision 4 for <br />the two taxes payable years following the notice of the withdrawal, unless the board and the withdrawing <br />member agree otherwise by action of their governing bodies. If a political subdivision withdraws from a <br />district for which debt was issued under subdivision 6 when the political subdivision was a participating <br />member, and which is outstanding when the political subdivision withdraws from the district, the taxable <br />property of the withdrawing political subdivision remains subject to the special taxing district levy until the <br />outstanding debt has been paid or defeased. If the district's property tax levy to repay debt was apportioned <br />among the political subdivisions under an alternative formula or method under subdivision 4, paragraph (b), <br />the withdrawing political subdivision is subject to the same percentage of the debt levy as applied in the <br />taxes payable year immediately preceding its withdrawal from the district. <br />(c) Notwithstanding subdivision 2, if the district is comprised of two political subdivisions and one of <br />the political subdivisions withdraws, the district can continue to exist. <br />Subd. 9.Dissolution.The special taxing district may be dissolved by resolution approved by a majority <br />vote of the board. If the special taxing district is dissolved, the assets and liabilities may be assigned to a <br />successor entity, if any, or otherwise disposed of for public purposes as provided in the agreement adopted <br />under subdivision 2, paragraph (b), or otherwise agreed to by each participating political subdivision. A <br />district may not be dissolved until all debt issued under subdivision 6 has been paid or defeased. <br />Subd. 10.Reports.(a) On or before March 15, 2024, and March 15, 2026, the special taxing district <br />shall submit a levy and expenditure report to the commissioner of revenue and to the house of representatives <br />and senate committees with jurisdiction over taxes and property taxes. Each report must include the amount <br />of the district's levies for taxes payable for each of the two previous years and its actual expenditures of <br />those revenues. Expenditures must be reported by general service category and include a separate category <br />for administrative expenses. <br />(b) On or before March 15, 2024, and March 15, 2026, a political subdivision that has established or <br />joined a special taxing district authorized under this section after June 30, 2021, shall submit a levy and <br />expenditure report to the commissioner of revenue and to the house of representatives and senate committees <br />with jurisdiction over taxes and property taxes. The report must include: <br />(1) the amount of the political subdivision's levy, and its actual expenditure of the subdivision's levy <br />revenues, including the amount attributable to fire protection and emergency medical services, for taxes <br />payable in each of the two taxes payable years prior to establishing or joining a special taxing district <br />authorized under this section; <br />(2) the political subdivision's levy, and its actual expenditure of the subdivision's levy revenues, for <br />taxes payable in each of the taxes payable years after establishing or joining a special taxing district authorized <br />under this section, up to and including taxes payable in 2024 and taxes payable in 2026; and <br />Official Publication of the State of Minnesota <br />Revisor of Statutes <br />144F.01MINNESOTA STATUTES 20223
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