Minnesota § 365.43 - NO DEBT, SPENDING BEYOND TAX LIMIT WITHOUT VOTE
Full text of Minnesota Minnesota Statutes § 365.43 — NO DEBT, SPENDING BEYOND TAX LIMIT WITHOUT VOTE, with citation guidance and answers to common questions.
§ 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 received from all other sources and amounts carried forward from the last year.
Subd. 2.Law limits levied amount.
A town must not levy more taxes in a year than are authorized by law.
History:
(1098) RL s 690; 1987 c 229 art 8 s 1; 2005 c 151 art 3 s 14
Official Publication of the State of Minnesota
Revisor of Statutes
Source: official Minnesota text · Last verified 2026-08-27
Frequently Asked Questions About Minnesota § 365.43
What does Minnesota Statutes § 365.43 cover?
Section 365.43 ("NO DEBT, SPENDING BEYOND TAX LIMIT WITHOUT VOTE") is part of the Minnesota Statutes, the codified statutory law of Minnesota. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Minnesota § 365.43?
A common citation format is "Minnesota Statutes § 365.43" (Minnesota). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Minnesota law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Minnesota official source linked on this page or consult a licensed Minnesota attorney.
How does Minnesota § 365.43 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Minnesota can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Minnesota.