Minn. Stat. § 123B.55
Debt Service Levy
Minnesota · Minnesota Statutes Chapter 123B — School District Powers and Duties · Status: effective
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- Citation
- Minn. Stat. § 123B.55, Debt Service Levy, Minnesota, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1705855
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Full text
A district may levy the amounts necessary to make payments for bonds issued and for interest on them, including the bonds and interest on them, issued as authorized by Minnesota Statutes 1974, section 275.125, subdivision 3, clause (7)(C); and the amounts necessary for repayment of debt service loans and capital loans, minus the amount of debt service equalization revenue of the district.