Minnesota § 126C.43 LEVIES; STATUTORY OBLIGATIONS

Minnesota Statutes

§ 126C.43 — LEVIES; STATUTORY OBLIGATIONS

Minnesota § 126C.43

PartEDUCATION CODE: PREKINDERGARTEN - GRADE 12

Ch. 126CEDUCATION FUNDING

This text of Minnesota § 126C.43 (LEVIES; STATUTORY OBLIGATIONS) is published on Counsel Stack Legal Research, covering Minnesota primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Minn. Stat. § 126C.43 (2026).

Text

Subdivision 1.Allocation of assets and liabilities. A district may levy the amount authorized for liabilities of dissolved districts pursuant to section123A.67. Subd. 2.Payment to unemployment insurance program trust fund by state and political subdivisions.

(a)A district may levy the amount necessary (1) to pay the district's obligations under section268.052, subdivision 1, and (2) to pay for job placement services offered to employees who may become eligible for benefits pursuant to section268.085for the fiscal year the levy is certified.

(b)Districts with a balance remaining in their reserve for reemployment as of June 30, 2003, may not expend the reserved funds for future reemployment expenditures. Each year a levy reduction must be made to return these funds to taxpayers. The amou

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Subdivision 1.Allocation of assets and liabilities.
A district may levy the amount authorized for liabilities of dissolved districts pursuant to section123A.67.

Subd. 2.Payment to unemployment insurance program trust fund by state and political subdivisions.
(a) A district may levy the amount necessary (1) to pay the district's obligations under section268.052, subdivision 1, and (2) to pay for job placement services offered to employees who may become eligible for benefits pursuant to section268.085for the fiscal year the levy is certified.
(b) Districts with a balance remaining in their reserve for reemployment as of June 30, 2003, may not expend the reserved funds for future reemployment expenditures. Each year a levy reduction must be made to return these funds to taxpayers. The amount of the levy reduction must be equal to the lesser of: (1) the remaining reserved balance for reemployment; or (2) the amount of the district's current levy under paragraph (a).
(c) The amount in paragraph (a) must not include the amounts for hourly school employees during the period of the summer term.

Subd. 3.Tax levy for judgment.
A district may levy the amount necessary to pay judgments against the district under section123B.25that became final after the date the district certified its proposed levy in the previous year. With the approval of the commissioner, a district may spread this levy over a period not to exceed three years. Upon approval through the adoption of a resolution by each of an intermediate district's member school district boards, a member school district may include its proportionate share of the costs of a judgment against an intermediate school district that became final under section123B.25after the date that the earliest member school district certified its proposed levy in the previous year. With the approval of the commissioner, an intermediate school district member school district may spread this levy over a period not to exceed three years.

Subd. 4.Levy limitations of reorganized districts.
A district may levy the amounts authorized by section123A.73.

Subd. 5.Expenses of transition; dissolved district.
A district may levy the amounts necessary to pay the district's obligations under section123A.76.

Subd. 6.Teacher severance pay.
A district may levy for severance pay required by sections124D.05, subdivision 3, and123A.30, subdivision 6.

Legislative History

1975 c 432 s 75;1976 c 271 s 81;1977 c 447 art 6 s 8;1978 c 764 s 105;1982 c 548 art 6 s 21;1983 c 314 art 6 s 24;1984 c 463 art 6 s 6;1986 c 444;1987 c 398 art 1 s 21; art 6 s 12;1988 c 486 s 85;1988 c 718 art 6 s 20,21;1988 c 719 art 5 s 84;1989 c 329 art 6 s 48; art 13 s 9-11,20;1Sp1989 c 1 art 2 s 11;1990 c 426 art 2 s 1;1990 c 562 art 6 s 33; art 7 s 10; art 10 s 9-11;1990 c 596 s 3;1991 c 130 s 29;1991 c 265 art 5 s 12;1991 c 291 art 4 s 1;1992 c 499 art 6 s 29; art 7 s 11,26; art 12 s 29;1992 c 511 art 2 s 21; art 5 s 9;1992 c 603 s 11;1993 c 224 art 7 s 13; art 8 s 3,4;1994 c 647 art 8 s 9;1Sp1995 c 3 art 1 s 17; art 16 s 13;1996 c 412 art 4 s 10; art 13 s 18;1997 c 66 s 79;1Sp1997 c 4 art 1 s 26-28; art 2 s 31;1998 c 265 s 45;1998 c 397 art 7 s 111,164; art 11 s 3;1999 c 107 s 66;2000 c 343 s 4;1Sp2001 c 6 art 1 s 38;2002 c 377 art 5 s 3;1Sp2003 c 9 art 5 s 9,10;1Sp2005 c 5 art 1 s 36,37;2006 c 263 art 1 s 14;2023 c 55 art 1 s 26