Section 365.43 — No Debt, Spending Beyond Tax Limit Without Vote.
365.43 NO DEBT, SPENDING BEYOND TAX LIMIT WITHOUT VOTE. Subdivision 1. Total revenue defined. A town must not spend more money in a year than its total revenue without a favorable vote of a majority of the town’s electors. In this section, “total revenue” means property taxes payable in that year as well as amounts […]
Section 365.431 — Amount Voted At Meeting Is Tax Limit.
365.431 AMOUNT VOTED AT MEETING IS TAX LIMIT. Except as otherwise authorized by law, the tax for town purposes must not be more than the amount voted to be raised at the annual town meeting. History: 1987 c 229 art 8 s 1; 2005 c 151 art 3 s 15