Minnesota Statutes
Chapter 126C — Education Funding
Section 126C.64 — Net Debt; Determination.

In computing "net debt" and in determining whether a district is eligible for a state loan, state loans to the district shall not be considered, notwithstanding the provisions of any other general or special law.
1967 c 583 s 7; 1998 c 397 art 7 s 48,164

Structure Minnesota Statutes

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.55 — State Payment Of Debt Obligation Upon Potential Default; Repayment; State Obligation Not Debt.

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.

Section 126C.71 — Payment And Applications Of Payment.

Section 126C.72 — Issuance And Sale Of Bonds.