72-53,114 Same; tax lid.
72-53,114. Same; tax lid. The provisions of subsection (a) of K.S.A. 79-5040, and amendments thereto, shall not apply to the fund mill levy rate and aggregate levy rate limitations imposed by K.S.A. 72-53,113 et seq., and amendments thereto. History: L. 2005, ch. 152, § 27; July 1.
72-53,115 Capital outlay fund.
72-53,115. Capital outlay fund. There is hereby established in every school district of the state a fund which shall be called the capital outlay fund. The capital outlay fund shall consist of all moneys deposited therein or transferred thereto in accordance with law. The proceeds of any tax levied under article 53 of chapter 72 […]
72-53,116 Capital outlay fund; use of moneys; investments authorized.
72-53,116. Capital outlay fund; use of moneys; investments authorized. (a) Any moneys in the capital outlay fund of any school district and any moneys received from issuance of bonds under K.S.A. 72-53,117 or 72-53,122, and amendments thereto, may be used for the purpose of the acquisition, construction, reconstruction, repair, remodeling, additions to, furnishing, maintaining and […]
72-53,117 Authorization to issue bonds in lieu of tax levy; limitations.
72-53,117. Authorization to issue bonds in lieu of tax levy; limitations. Any school district which is unconditionally authorized to make a capital outlay tax levy, in lieu of making all or part of such tax levy, may issue and sell general obligation bonds as now provided by law for the issuance of general obligation bonds […]
72-53,118 Bonds outside debt limit.
72-53,118. Bonds outside debt limit. Bonds issued under authority of K.S.A. 72-53,117 or 72-53,122 shall not be subject to or within any bonded debt limitation prescribed by law and, in determining the amount of bonded indebtedness of any school district for determination of any such bonded debt limitation, bonds issued under this section shall not […]