Schools

Translate

Financing Facilities

  • The state of Minnesota recognizes the need for deferred maintenance and has given school districts the means to raise funds to pay for these items, including state funds that are dedicated to capital expenditures and the ability for school districts to levy taxpayers for funds. Funds allocated for capital uses cannot be used for operating expenses such as teacher salaries.

    For more information, see:

    Minnesota Statute 123B.57 – Capital Expenditure; Health and Safety

    Minnesota Statute 123B.59 – Alternative Facilities Bonding and Levy Program

    Minnesota Statute 123B.591 – Deferred Maintenance Revenue

    Minnesota Statute 123B.63 – Capital Project Referendum

    Minnesota Statute 123B.65 – Energy Efficiency Projects

CLOSE