Minnesota § 365.43 NO DEBT, SPENDING BEYOND TAX LIMIT WITHOUT VOTE

Minnesota Statutes

§ 365.43 — NO DEBT, SPENDING BEYOND TAX LIMIT WITHOUT VOTE

Minnesota § 365.43

PartTOWNS

Ch. 365TOWN GENERAL LAW

This text of Minnesota § 365.43 (NO DEBT, SPENDING BEYOND TAX LIMIT WITHOUT VOTE) 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. § 365.43 (2026).

Text

Subdivision 1.Total revenue defined.
A town must not spend more money in a year than its total revenue without a favorable vote of a majority of the town's electors. In this section, "total revenue" means property taxes payable in that year as well as amounts received from all other sources and amounts carried forward from the last year.

Subd. 2.Law limits levied amount.
A town must not levy more taxes in a year than are authorized by law.

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Subdivision 1.Total revenue defined.
A town must not spend more money in a year than its total revenue without a favorable vote of a majority of the town's electors. In this section, "total revenue" means property taxes payable in that year as well as amounts received from all other sources and amounts carried forward from the last year.

Subd. 2.Law limits levied amount.
A town must not levy more taxes in a year than are authorized by law.