Johanson v. Independent School District No. 23

Knutson, Justice.

Independent School District No. 23 of Anoka County is a public school corporation organized under the laws of this state. The school district has a net debt of $350,479.19. The assessed value of all taxable property is conceded to be as follows:

Homesteads classified as 3b and assessed at 20 percent, $ 4,991

Homesteads classified as 3 and assessed at 33% percent, 2,496

Homesteads classified as 3c and assessed at 25 percent, 436,052

Homesteads classified as 4 and assessed at 40 percent, 10,272

Nonhomesteads assessed at 33% percent, 29,957

*501Nonhomesteads assessed at 40 percent, $…