Minnesota Statutes
Chapters 120 - 129C — Education Code: Prekindergarten - Grade 12
Chapter 126C — Education Funding

Section 126C.01 — Definitions. - Subdivision 1. Applicability. For the purposes of this chapter, the...

Section 126C.05 — Definition Of Pupil Units. - Subdivision 1. Pupil unit. Pupil units for each Minnesota resident...

Section 126C.10 — General Education Revenue. - Subdivision 1. General education revenue. The general education revenue for...

Section 126C.12 — Learning And Development Revenue Amount And Use. - Subdivision 1. Revenue. Of a district's general education revenue for...

Section 126C.126 — Use Of General Education Revenue For All-day Kindergarten And Prekindergarten. - A school district may spend general education revenue on extended...

Section 126C.13 — General Education Aid. - Subdivision 1. [Repealed, 1Sp2001 c 5 art 2 s 30...

Section 126C.15 — Basic Skills Revenue; Compensatory Education Revenue. - Subdivision 1. Use of revenue. The basic skills revenue under...

Section 126C.17 — Referendum Revenue. - Subdivision 1. Referendum allowance. (a) A district's initial referendum allowance...

Section 126C.19 — Shared Time Aid. - Subdivision 1. To resident district. Aid for shared time pupils...

Section 126C.20 — Annual General Education Aid Appropriation. - There is annually appropriated from the general fund to the...

Section 126C.21 — Deductions From General Education Aid. - Subdivision 1. MS 2008 [Repealed, 2008 c 363 art 2...

Section 126C.40 — Capital Levies. - Subdivision 1. To lease building or land. (a) When an...

Section 126C.41 — Benefits Levies. - Subdivision 1. [Repealed, 1Sp2015 c 3 art 1 s 28]...

Section 126C.43 — Levies; Statutory Obligations. - Subdivision 1. Allocation of assets and liabilities. A district may...

Section 126C.44 — Safe Schools Levy. - (a) Each district may make a levy on all taxable...

Section 126C.445 — Tree Growth Replacement Revenue. - For taxes payable in 2003 and later, a school district...

Section 126C.45 — Ice Arena Levy. - (a) Each year, an independent school district operating and maintaining...

Section 126C.455 — Swimming Pool Levy. - Each year, a school district with its home office located...

Section 126C.46 — Abatement Levy. - (a) Each year, a school district may levy an amount...

Section 126C.48 — Levy Procedure. - Subdivision 1. Certify levy limits. (a) By September 8, the...

Section 126C.50 — Tax And Aid Anticipation Borrowing; Definitions. - School district as used in sections 126C.50 to 126C.56 means...

Section 126C.51 — Application Of Limiting Tax Legislation. - Notwithstanding the provisions of section 471.69 or 471.75, or of...

Section 126C.52 — Authority To Borrow Money; Limitations. - Subdivision 1. Borrowing authority. The board of any school district...

Section 126C.53 — Enabling Resolution; Form Of Certificates Of Indebtedness. - The board of a school district or intermediate school district...

Section 126C.54 — Repayment; Maturity Date Of Certificates; Interest. - The proceeds of the current tax levies and future state...

Section 126C.55 — State Payment Of Debt Obligation Upon Potential Default; Repayment; State Obligation Not Debt. - Subdivision 1. Definitions. For the purposes of this section, the...

Section 126C.56 — Sale Of Certificates; Disbursement Of Proceeds. - Subdivision 1. Public sale. The clerk of the board shall...

Section 126C.60 — Loans To Distressed Districts. - Financial aid to distressed districts is governed by the provisions...

Section 126C.61 — Citation, Maximum Effort School Aid Law. - Sections 126C.61 to 126C.72 may be cited as the "Maximum...

Section 126C.62 — Policy And Purpose. - The rates of increase in school population in Minnesota and...

Section 126C.63 — Definitions. - Subdivision 1. Scope. As used in sections 126C.63 to 126C.72,...

Section 126C.64 — Net Debt; Determination. - In computing "net debt" and in determining whether a district...

Section 126C.65 — Fund Established; Division Into Accounts. - Subdivision 1. Maximum effort school loan fund. A "maximum effort...

Section 126C.66 — Appropriation. - Subdivision 1. Appropriation. In addition to all sums which have...

Section 126C.67 — School Loans. - Subdivision 1. Consideration by commissioner. The commissioner shall receive and...

Section 126C.69 — Capital Grants And Loans. - Subdivision 1. Capital grant and loan requests and uses. Capital...

Section 126C.70 — Prepayments. - A district may at any time pay the entire principal...

Section 126C.71 — Payment And Applications Of Payment. - Subdivision 1. Payment. (a) On November 20 of each year,...

Section 126C.72 — Issuance And Sale Of Bonds. - Subdivision 1. Certification. On or before October 1 in each...