This bill proposes a new provision for local government aid specifically for the city of Northern. It establishes a base year formula aid for the city, which will be used in the calculation of aids payable in 2027.
According to the bill, for the purposes of Minnesota Statutes, section 477A.013, subdivisions 8 and 9, the aid amount for the city of Northern for the year 2026 will be calculated as $116.91 multiplied by the city's population in 2024. This new formula aims to provide a stable financial foundation for the city as it prepares for future aid distributions.