57-64 Mill Levy Reduction Allocations and Grants
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<![CDATA[CHAPTER 57-64MILL LEVY REDUCTION ALLOCATIONS AND GRANTS57-64-01. Definitions. For purposes of this chapter:1."Combined education mill rate" means the combined number of mills levied by a<br>school district for the general fund, high school tuition, and high school<br>transportation.2."Qualifying school district" means a school district that meets the conditions and<br>requirements of this chapter to receive a mill levy reduction grant.3."Weighted student unit" means weighted student unit as determined for the school<br>district under chapter 15.1-27.57-64-02. Mill levy reduction allocation and grant. Each qualifying school district inthe state is entitled to a mill levy reduction allocation and grant as provided in this chapter,<br>subject to legislative appropriation to the superintendent of public instruction.1.The mill levy reduction allocation rate for each qualifying school district is equal to<br>the payments to the school district based on the per student payment rate as<br>determined for the school year under chapter 15.1-27.2.The grant to a qualifying school district may not exceed the smallest of:a.The allocation determined under subsection 1;b.The taxable valuation of property in the school district in the previous taxable<br>year times the number of mills determined by subtracting one hundred mills<br>from the combined education mill rate of the school district for taxable year<br>2008; orc.The taxable valuation of property in the school district in the previous taxable<br>year times seventy-five mills.3.The grant to a qualifying school district may not be less than the grant to that school<br>district in the preceding school year.4.The superintendent of public instruction shall report to each qualifying school district<br>by July fifteenth of each year the mill levy reduction grant in dollars available to that<br>school district during the upcoming school year.5.By December first, January first, February first, and March first of each school year,<br>the superintendent of public instruction shall forward to each qualifying school district<br>installments equal to twenty-five percent of the total mill levy reduction grant the<br>district is eligible to receive during that school year.6.Allocations to a school district under this chapter are not considered per student<br>payments or state aid for purposes of chapter 15.1-27.7.For all purposes under law relating to allocation of funds among political subdivisions<br>based on property tax levies, property taxes levied by a school district are the<br>amount that would have been levied without the mill reduction grant provided to the<br>school district under this chapter.57-64-03. School district levy compliance.Page No. 11.To be eligible to receive a grant under this chapter, a qualifying school district must<br>establish a spending level that does not result in a general fund mill rate exceeding<br>one hundred ten mills. The certificate of levy form filed with the county auditor by a<br>qualifying school district must reflect the revenue to be received by the school district<br>under this chapter and that the general fund mill rate for the school district will not<br>exceed one hundred ten mills unless:a.The district has approval of a majority of the electors of the school district for a<br>higher levy;b.The higher levy is the result of a school district reorganization in compliance<br>with chapter 15.1-12; orc.The higher levy does not produce an amount in dollars exceeding the amount<br>allowed under section 57-15-01.1 for taxable year 2008 reduced by the amount<br>of the school district's mill levy reduction grant under section 57-64-02 for the<br>budget year.2.The authority under subdivision b of subsection 1 for a school district to levy a<br>general fund mill rate exceeding one hundred ten mills applies for not more than ten<br>taxable years after taxable year 2008 unless a majority of the electors of the school<br>district approve an extension of that authority. Approval by electors of extension of<br>levy authority under subdivision a or b of subsection 1 is effective for not more than<br>ten taxable years at a time. A ballot measure for approval by electors of extension<br>of levy authority under subdivision a or b of subsection 1 is subject to the following:a.The ballot measure must specify the number of mills for the general fund mill<br>rate for which approval is sought.b.If a ballot measure for approval of authority to levy a specific number of mills is<br>not approved by a majority of the electors of the school district voting on the<br>question, the school district general fund levy limitation for subsequent years is<br>subject to the limitations under section 57-15-01.1 or 57-15-14.57-64-04. Levy reduction priority. In setting mill rates for qualified school districts, thecounty auditor shall apply funds allocated to a school district under this chapter for mill levy<br>reduction first to reduce the number of mills levied for general fund purposes and, if allocation<br>funds remain after the general fund mill rate is reduced to zero, the balance must be applied to<br>reduce the high school tuition levy and then to reduce the high school transportation levy of the<br>qualified school district.57-64-05. Property tax relief sustainability fund. The property tax relief sustainabilityfund is a special fund in the state treasury. Moneys in the fund may be spent, pursuant to<br>legislative appropriations, for property tax relief programs.Page No. 2Document Outlinechapter 57-64 mill levy reduction allocations and grants]]>