Section 162.146 - LARGER CITIES ASSISTANCE ACCOUNTSubdivision 1.Larger cities assistance account; appropriation.(a) A larger cities assistance account is created in the special revenue fund. The account consists of funds under section 174.49, subdivision 3, and as provided by law and any other money donated, allotted, transferred, or otherwise provided to the account.(b) Money in the account is annually appropriated to the commissioner of transportation for apportionment among all the cities that are eligible to receive municipal state aid under sections 162.09 to 162.14.Subd. 2.Allocation formula.The commissioner must apportion funds in the larger cities assistance account as follows:
(1) 50 percent of the funds proportionally based on each city's share of population, as defined in section 477A.011, subdivision 3, compared to the total population of all cities that are eligible to receive municipal state aid under sections 162.09 to 162.14; and(2) 50 percent of the funds proportionally based on each city's share of money needs, as determined under section 162.13, subdivision 3, compared to the total money needs of all cities that are eligible to receive municipal state aid under sections 162.09 to 162.14.Added by 2023 Minn. Laws, ch. 68,s 3-2, eff. 7/1/2023.