Minnesota SF2116 modifies the calculation of town aid and increases the annual amount.

Minnesota SF2116 amends the calculation of town aid by adjusting factors such as agricultural property, town area, and population. It increases the annual town aid amount from $10,000,000 to $11,500,000 for aid payable in 2026 and thereafter. The bill specifies that data used in calculating aid must be the most recent available as of January 1 in the year of calculation. This change affects all towns in Minnesota.

Minnesota SF2116 modifies the calculation of town aid and increases the annual amount.

Minnesota SF2116 amends the calculation of town aid by adjusting factors such as agricultural property, town area, and population. It increases the annual town aid amount from $10,000,000 to $11,500,000 for aid payable in 2026 and thereafter. The bill specifies that data used in calculating aid must be the most recent available as of January 1 in the year of calculation. This change affects all towns in Minnesota.