Governmental Research Bureau, Inc. v. St. Louis County

Murphy, Justice.

This is an appeal from a declaratory judgment which upheld the 1959 St. Louis County tax levy for its road and bridge fund. We are called upon to construe that part of L. 1933, c. 359, as amended by L. 1949, c. 723, which is now M. S. A. 273.13, subd. 7a, and which provides:

“For the purpose of determining salaries of all officials based on assessed valuations and of determining tax limitations [and net bonded debt limitations] now established by statute or by charter, class 3b and class 3c property .shall be figured at 33 1/3 percent and 40 percent of the full and true value…