Minnesota § 276A.05 COMPUTATION OF AREAWIDE TAX BASE

Minnesota Statutes

§ 276A.05 — COMPUTATION OF AREAWIDE TAX BASE

Minnesota § 276A.05

PartPROPERTY TAXES

Ch. 276ATAX RELIEF AREA REVENUE DISTRIBUTION

This text of Minnesota § 276A.05 (COMPUTATION OF AREAWIDE TAX BASE) 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. § 276A.05 (2026).

Text

Subdivision 1.Areawide net tax capacity.
Each county auditor shall certify the determinations under sections276A.03and276A.04to the administrative auditor on or before August 1 of each year. The administrative auditor shall determine an amount equal to 40 percent of the sum of the amounts certified pursuant to section276A.04. The resulting amount shall be known as the "areawide net tax capacity for ........(year)."

Subd. 2.Population and fiscal capacity certifications.
The commissioner of revenue shall certify to the administrative auditor, on or before August 10 of each year, the population of each municipality for the preceding year, the proportion of that population which resides within the area, the average fiscal capacity of municipalities for the preceding year, and the fiscal capa

Free access — add to your briefcase to read the full text and ask questions with AI

Subdivision 1.Areawide net tax capacity.
Each county auditor shall certify the determinations under sections276A.03and276A.04to the administrative auditor on or before August 1 of each year. The administrative auditor shall determine an amount equal to 40 percent of the sum of the amounts certified pursuant to section276A.04. The resulting amount shall be known as the "areawide net tax capacity for ........(year)."

Subd. 2.Population and fiscal capacity certifications.
The commissioner of revenue shall certify to the administrative auditor, on or before August 10 of each year, the population of each municipality for the preceding year, the proportion of that population which resides within the area, the average fiscal capacity of municipalities for the preceding year, and the fiscal capacity of each municipality for the preceding year.

Subd. 3.Areawide tax base distribution index.
The administrative auditor shall determine, for each municipality, the product of (1) its population, (2) the proportion which the average fiscal capacity of municipalities for the preceding year bears to the fiscal capacity of that municipality for the preceding year. The product shall be the areawide tax base distribution index for that municipality. If a municipality is located partly within and partly without the area, its index is that which is otherwise determined hereunder, multiplied by the proportion which its population residing within the area bears to its total population as of the preceding year.

Subd. 4.Distribution net tax capacity.
The administrative auditor shall determine the proportion which the index of each municipality bears to the sum of the indices of all municipalities and shall then multiply this proportion in the case of each municipality, by the areawide net tax capacity.

Subd. 5.Certification.
The product of the procedure prescribed by subdivision 4 shall be known as the "areawide net tax capacity for ......(year) attributable to ..........(municipality)." The administrative auditor shall certify the product to the auditor of the county in which the municipality is located on or before August 15.