Minnesota Legislature
Office of the Revisor of Statutes
2007 Minnesota Statutes
This is an historical version of this statute chapter. Also view the most recent published version.
475.62 REGISTER.
Each county auditor shall keep a register in which shall be entered, as to each issue of
such obligations by any municipality located, in whole or in part, in the county, a record of the
aggregate amount authorized, the aggregate amount issued, the purpose for which issued, the
number, denomination, date, and maturity of each, the rate of interest, the time of payment, the
place of payment of principal and interest, and the amount of tax levied for the payment thereof.
The auditor shall also enter in said register the date and amount of each debt service loan and
capital loan made by the state to any school district situated wholly or partly within the county, in
accordance with section 126C.68, subdivision 2, or 126C.69, subdivision 12, and shall enter on or
before November 1 in each year thereafter the amount of the maximum effort debt service levy
and the additional amount of the levy for interest on state loans to be extended on the tax rolls in
that year, as certified by the commissioner of education in accordance with sections126C.68,
subdivision 4 , and
126C.69, subdivision 14. In each such year the auditor shall extend on the tax
rolls against all taxable property within each such district either (a) the aggregate amount of all
tax levies required by section 475.61 to be so extended in such year, less the principal amount of
any new debt service loan granted in the current year, or (b) the maximum effort debt service levy
of the district as certified by the commissioner of education, if greater than the levy required by
the preceding clause (a); adding in either case (c) the amount of the levy for interest on state loans
as certified by the commissioner of education, including interest on any new debt service loan
granted in the current year. If the school district is situated in more than one county, the aggregate
levy shall be apportioned among the counties as provided in section 475.61, subdivision 2, by
the county auditor of the county in which is situated the largest portion by net tax capacity of
the taxable property within the school district.
History: (1938-8) 1927 c 131 s 6; 1949 c 682 s 12; 1965 c 875 s 12; 1988 c 719 art 5 s
84; 1989 c 329 art 13 s 20; 1990 c 562 art 11 s 7; 1Sp1995 c 3 art 16 s 13; 1998 c 397 art 11
s 3; 2003 c 130 s 12
Each county auditor shall keep a register in which shall be entered, as to each issue of
such obligations by any municipality located, in whole or in part, in the county, a record of the
aggregate amount authorized, the aggregate amount issued, the purpose for which issued, the
number, denomination, date, and maturity of each, the rate of interest, the time of payment, the
place of payment of principal and interest, and the amount of tax levied for the payment thereof.
The auditor shall also enter in said register the date and amount of each debt service loan and
capital loan made by the state to any school district situated wholly or partly within the county, in
accordance with section 126C.68, subdivision 2, or 126C.69, subdivision 12, and shall enter on or
before November 1 in each year thereafter the amount of the maximum effort debt service levy
and the additional amount of the levy for interest on state loans to be extended on the tax rolls in
that year, as certified by the commissioner of education in accordance with sections
subdivision 4
rolls against all taxable property within each such district either (a) the aggregate amount of all
tax levies required by section 475.61 to be so extended in such year, less the principal amount of
any new debt service loan granted in the current year, or (b) the maximum effort debt service levy
of the district as certified by the commissioner of education, if greater than the levy required by
the preceding clause (a); adding in either case (c) the amount of the levy for interest on state loans
as certified by the commissioner of education, including interest on any new debt service loan
granted in the current year. If the school district is situated in more than one county, the aggregate
levy shall be apportioned among the counties as provided in section 475.61, subdivision 2, by
the county auditor of the county in which is situated the largest portion by net tax capacity of
the taxable property within the school district.
History: (1938-8) 1927 c 131 s 6; 1949 c 682 s 12; 1965 c 875 s 12; 1988 c 719 art 5 s
84; 1989 c 329 art 13 s 20; 1990 c 562 art 11 s 7; 1Sp1995 c 3 art 16 s 13; 1998 c 397 art 11
s 3; 2003 c 130 s 12
Official Publication of the State of Minnesota
Revisor of Statutes