Spreadsheet: 03ce9ba4-081f-4409-a18a-e51e68e5996b
Sheet: Instructions

SCHOOL TAX ABATEMENT SIX-MONTH SUPPLEMENTAL REPORT (ED-02124-21)
INSTRUCTIONS FOR COMPLETION
GENERAL INFORMATION:   Minnesota Statutes 126C.46 requires the home county auditor for a school district file a school tax abatement supplemental report for that district by July 15 of each year. The information on this report is used to calculate levy authority for districts to levy one year in advance for the revenue loss resulting from abatements that are finalized during the first six months of calendar year 2014.  This report is in addition to the School Tax Abatement Report (ED-02009) which is due February 1 following the close of the calendar year (the information on that report will still pertain to the entire calendar year).
For each school district that is located only partially in your county, provide this report to the home county of the school district.  Please check the "Non-Home County Report" box and send the report to the home county of the school district early enough to allow the home county auditor to file the combined report on time.  If there are no abatements or additions for a district, submit a report indicating zero.
A combined report should be prepared for each school district by the district's home county.  Please check the "Combined Report" box to indicate the report includes data for all counties in which the school district is located.  Wait to submit the report until data from all non-home counties can be included.  A copy of the combined report should be distributed to each of the following by July 15, 2014:
a.   School District
b.   County auditor of each county in which the school district is located.
c.  Minnesota Department of Education
Division of School Finance
1500 Highway 36 West
Roseville, MN  55113-4266
[EMAIL] OR [NAME]
If you email the report to MDE, there is no need to follow up with a mailed copy.  If you need to submit a corrected report, clearly mark the report as revised and update the completion date.  If you have any questions after reading these instructions, please call [NAME] at Minnesota Department of Education, Division of School Finance, at (651) 582-8383.
NOTE:  Procedures for completion are the same as for the School Tax Abatement Report (ED-02009), except that all data entries apply to added or abated taxes made final between January 1, 2014 and June 30, 2014.  Data on abated and added tax capacities provide a means of verifying the tax data reported.  If actual abated and added tax capacities are difficult to determine, estimates will suffice but the tax data should be exact.
If your accounting system provides data on net abatements, but does not allow you to readily split out abatements and added taxes, feel free to enter net abatements in columns 1 and 2 and leave columns 3 and 4 blank (or enter net additions in columns 3 and 4 and leave columns 1 and 2 blank).
PART A:  NET TAX CAPACITY:  Report changes in the net tax capacity and taxes only for tax capacities that are used in calculating school district tax rates.  DO NOT include changes in mobile home personal property net tax capacity and taxes.  For joint districts (in more than one county), complete lines for each county.
Column (1): NET TAX CAPACITY ABATED:  Include all abated net tax capacity for which the abatement was made final during the first six months of calendar year 2014.  If a parcel of property has abatements for more than one year's taxes, include the abated tax capacity for each year.   Amounts in this column are negative and should be entered using a minus sign.
Column (2): SCHOOL TAXES ABATED:  Include the gross abated school district taxes that correspond to the abated tax capacity in Column (1).  Amounts in this column are negative and should be entered using a minus sign.
DO NOT include taxes canceled with no corresponding abated tax capacity.  The tax capacity times the local tax rate for the appropriate year equals the abated taxes.
DO NOT include changes in market value credit (i.e., from residential to agricultural) as tax abatements, include only the change in the tax before considering any market value credit.
DO NOT include economic development tax abatements granted by school board resolution under Minnesota Statutes, sections 469.1812 to 469.1815.  This provision allows the governing body of a political subdivision to grant an abatement on a parcel of property if it deems it in the public interest and the benefits of the agreement are expected to exceed the cost of the abatement.
DO NOT include tax forfeitures.
Column (3): NET TAX CAPACITY ADDED:  Include all net tax capacity discovered or added in the first six months of calendar year 2014 after the levy was spread unless the value is reported on the School Tax Report (ED-00119) for this year or last year.
Column (4): SCHOOL TAXES ADDED:  Include the gross added school district taxes that correspond to the added tax capacity in Column (3).  The added tax capacity times the local tax rate equals the added taxes.
Column (5): NET CHANGE IN NET TAX CAPACITY:  This column is the sum of the amounts in Columns (1) and (3).  Note that the amount in Column (1) should be negative.  If more tax capacity was abated than was added, the amount in Column (5) should show as negative.
Column (6): NET CHANGE IN SCHOOL TAXES:  This column is the sum of amounts in Columns (2) and (4).  Note that the amount in Column (2) is negative.  If more tax was abated than was added, the amount in Column (6) should show as negative.  If the total amount in this column is negative, the school district will receive enough advance abatement levy authority to offset the negative amount.
PART B: REFERENDUM MARKET VALUE:  Follow the instructions for PART A for all referendum market value abated or added during the first six months of calendar year 2014.
TOTAL ALL COUNTIES (Part A and B):  Totals for all counties (Parts A and B) will show for Columns (2), (4), and (6).
End of worksheet