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2014 Special Levy Limit Form Instructions Minnesota Laws 2013, Chapter 143, Article 4, Section 48 (as amended by Chapter 144, Section 18) Section I: Overview Under the provisions of this bill, the
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What is special levy limit form?
The special levy limit form is a document that is used to calculate and report the maximum amount a local government can collect in property taxes for a specific fiscal year.
Who is required to file special levy limit form?
Local government authorities, such as counties or municipalities, are required to file the special levy limit form.
How to fill out special levy limit form?
The special levy limit form can be filled out by providing information regarding the local government's projected revenue, operating expenses, debt service, and any exceptions or limitations imposed by state regulations.
What is the purpose of special levy limit form?
The purpose of the special levy limit form is to ensure that local governments comply with state regulations and do not exceed the maximum allowable property tax collection.
What information must be reported on special levy limit form?
The special levy limit form requires reporting of projected revenue, operating expenses, debt service, and any exceptions or limitations imposed by state regulations.
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