Equalizing increase in local effort with increase in need.

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  5. Equalizing increase in local effort with increase in need.

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13-13-71. Equalizing increase in local effort with increase in need.

If local effort increases on a statewide aggregate basis by a greater percentage than local need on a statewide aggregate basis from any one year to the next, for the following year each of the levies specified in subdivision 13-13-10.1(13) shall be reduced proportionally so that the percentage increase in local effort on a statewide aggregate basis equals the percentage increase in need on a statewide aggregate basis.

Source: SL 1995, ch 94, §38A; SL 2021, ch 73, § 5.


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