CCP 09-13-1999 - Laserfiche WebLink

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U"/U4/"" 11:U4 ~AX 651 266 2022 RMSY CNTY RECORDS \ I , ----- ~005 . Levy Authorization Omnibus Tax Bill (HF2420), Chapter 243, ARTICLE 6 . New authorization needed to inc:rea&e tax rates Sec. 2. [275.078] [AUTHORIZATION; TAX RATE INCREASE.] On or before October 1, 1999, and each subsequent year, the county auditor shall certify to the governing body of each home rule charter or statutory city in the county and to the county board, the following information for the taxing jurisdiction: (1) the taxing lurisdiction's certified levy under section . 275.08 for the previous year, taxes payable in the current year, excluding any amount levied to pay general obligation bonds, less (i) the areawide portion of the levy uhder section 276A.06, subdivision 3, or 473F.08, subdivision 3, if any, for taxes payable in the fo~lowing year; and (ii) the sum Of the net tax capacity adjustment amount and the fiscal disparities adjustment amount under section 273.1398, subdivision 2, if any, for aids payable in the following year; (2)'the taxing jurisdiction's taxable net tax capacity for. the current assessment year, for taxes payable in the following year; and" (3) the tax rate obtained bY dividing the amount in clause (1) by the amount in clause (2), rounded to the nearest hundredth percent. !n order to impose a tax rate for purposes other than to pay general obligation bonds for taxes payable in the following year that is hiqher than the tax rate certified by the county auditor under clause (3), the governing body of the city or the county board must adopt a resolution, after holding a public hearing, authorizing a higher tax rate~nd file a copy of the resolution wi~h the county auditor on or before October 20, 1999, and each year thereafter. A county auditor is ,prohibited from fixing a tax ~ate for purposes other.than to payqeneral obligation bonds for taxes payable in the followinqyear that is hiqher than the rate certified under clause (3) if a resolution has not been filed, unless the higher rate is due solely to a reduction in the taxing jurisdiction's net tax capacity certified under clause (2) resulting from classification changes, exemptions, tax court judqments, or clerical or administrative errors made by the' county. For purposes of this section~ "public hearing" includes, but is not limited to, regularly .scheduled.city council hearings and county board rneetinqs. ' . . 3 ~