North Dakota HB1168 amends tax levy limitations and state aid calculations for school districts.
North Dakota HB1168 modifies the tax levy limitations for school districts and the calculation of state aid. It sets the maximum tax levy for school districts at 70 mills on the taxable valuation of the district. The bill also outlines the process for calculating state aid, including adjustments for baseline funding and weighted student units. Additionally, it repeals certain sections of the North Dakota Century Code related to state aid adjustments and sets an effective date for these changes. The provisions are set to take effect for taxable years beginning after December 31, 2024.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.