MN HF3992

Moves the deadline for implementing agencies to submit operation and maintenance expenditure statements to the Metropolitan Parks and Open Space Commission from July 1 to May 15 each year.

Changes the basis for funding allocation to use actual expenditures from the most recent annual audited financial statements instead of anticipated expenditures.

Maintains the three-part allocation formula: 40 percent based on proportional use, 40 percent based on proportional previous-year expenditures, and 20 percent based on proportional acreage (with park reserve natural resource management land divided by four).

Establishes a minimum funding floor requiring each implementing agency to receive at least 40 percent of its actual operation and maintenance expenses from the most recent audited financial statements.

Applies to the seven-county metropolitan area: Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington counties.