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RS-12. Tax Exemp Property (C) (cont Id) <br />Special assessments against state property <br />.19), provides for the collection of special <br />Current law (M.S. 435 <br />assessments from other governmental party totdetermineetheWamount allows the <br />governmental unit which <br />rc <br />aswwellns haspthe timing of the payment. This is <br />assessment to be paid, the local <br />impractical since it often results in interim financing by <br />unit of government. Governmentally -owned property should be assessed <br />in r. manner similar the statehe sorbother goment of vernmental unitsed pto refuse to <br />Any law authorizing <br />pay the assessed <br />bemrepe, or determine the time and amount of e <br />payment, should <br />RS 13 Local option Taxes (C) <br />Local option taxes should supplement, not reps <br />revenues of cities- Since the legislatuietax <br />o use the p`oPe- <br />thz ability of cities t <br />for city services, alternative revenue sources <br />sources are imperative. <br />_ ,al <br />continuany restricting <br />as a source of funding <br />to supplement existing <br />The private <br />economicalyandmpractical thanpetent to uatstL ate <br />may <br />agency. <br />and may <br />ofnmunicipalsfone ofinancestin the nations aThe nd rstate uauditor ms of sight <br />moercurrently <br />reviews annual financial reports of all cities. Cities over 2,500 <br />must have annual audits and the state auditor has the authority to <br />audit a city upon receipt of a petition. <br />-61- <br />