Financial aid to distressed districts is governed by the provisions of the Maximum Effort School Aid Law.
Ex1959 c 71 art 5 s 35; 1998 c 397 art 7 s 43,164
Structure Minnesota Statutes
Chapters 120 - 129C — Education Code: Prekindergarten - Grade 12
Chapter 126C — Education Funding
Section 126C.01 — Definitions.
Section 126C.05 — Definition Of Pupil Units.
Section 126C.10 — General Education Revenue.
Section 126C.12 — Learning And Development Revenue Amount And Use.
Section 126C.126 — Use Of General Education Revenue For All-day Kindergarten And Prekindergarten.
Section 126C.13 — General Education Aid.
Section 126C.15 — Basic Skills Revenue; Compensatory Education Revenue.
Section 126C.17 — Referendum Revenue.
Section 126C.19 — Shared Time Aid.
Section 126C.20 — Annual General Education Aid Appropriation.
Section 126C.21 — Deductions From General Education Aid.
Section 126C.40 — Capital Levies.
Section 126C.41 — Benefits Levies.
Section 126C.43 — Levies; Statutory Obligations.
Section 126C.44 — Safe Schools Levy.
Section 126C.445 — Tree Growth Replacement Revenue.
Section 126C.45 — Ice Arena Levy.
Section 126C.455 — Swimming Pool Levy.
Section 126C.46 — Abatement Levy.
Section 126C.48 — Levy Procedure.
Section 126C.50 — Tax And Aid Anticipation Borrowing; Definitions.
Section 126C.51 — Application Of Limiting Tax Legislation.
Section 126C.52 — Authority To Borrow Money; Limitations.
Section 126C.53 — Enabling Resolution; Form Of Certificates Of Indebtedness.
Section 126C.54 — Repayment; Maturity Date Of Certificates; Interest.
Section 126C.56 — Sale Of Certificates; Disbursement Of Proceeds.
Section 126C.60 — Loans To Distressed Districts.
Section 126C.61 — Citation, Maximum Effort School Aid Law.
Section 126C.62 — Policy And Purpose.
Section 126C.63 — Definitions.
Section 126C.64 — Net Debt; Determination.
Section 126C.65 — Fund Established; Division Into Accounts.
Section 126C.66 — Appropriation.
Section 126C.67 — School Loans.
Section 126C.69 — Capital Grants And Loans.
Section 126C.70 — Prepayments.