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Capital IconMinnesota Legislature

Legislative Session number- 83

Bill Name: SF0408

Requiring independent school district #316, Coleraine to establish an+ operating
debt reserved account with a balance equaling the unreserved +undesignated fund
balance in the district operating funds as of a certain date; +authorizing a
levy to be used for cash flow purposes, limit, requiring the balance +in the
account to be annually adjusted by the amount of levy proceeds; +exempting the
levy from local approval requirements (ra)