(a) By February 1 each year, each replacement service provider under section 473.388 must report to the council its projected total operating expenses for the current calendar year and its projected operating reserve fund balance as of the previous December 31.

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Terms Used In Minnesota Statutes 473.452

  • council: means the Metropolitan Council established by section 473. See Minnesota Statutes 473.121
  • Jurisdiction: (1) The legal authority of a court to hear and decide a case. Concurrent jurisdiction exists when two courts have simultaneous responsibility for the same case. (2) The geographic area over which the court has authority to decide cases.
  • Minority: means with respect to an individual the period of time during which the individual is a minor. See Minnesota Statutes 645.451

(b) By March 1 each year, the council must submit a report to the chairs and ranking minority members of the legislative committees with jurisdiction over transportation policy and finance. The report must include:

(1) the information from each provider received under paragraph (a); and

(2) the council’s projected total operating expenses for the current calendar year and its projected operating reserve fund balance as of the previous December 31.