Section 10-12-40 – Addition to or deduction from valuation of lands, municipal lots and structures on land between counties.
10-12-40. Addition to or deduction from valuation of lands, municipal lots and structures on land between counties. The Department of Revenue, in making such equalization, may add to or deduct from the aggregate assessed valuation of lands, municipal lots, and structures thereon, separately, or any class of personal property throughout the state as provided by […]
Section 10-12-41 – Certification of percent added to or deducted from valuation of property.
10-12-41. Certification of percent added to or deducted from valuation of property. On or before the second Monday in August, the Department of Revenue shall transmit to each county auditor a certificate, specifying the percent added to or deducted from the valuation of each class of real and personal property in the several counties of […]
Section 10-12-42 – General fund of a school district–Annual levy.
10-12-42. General fund of a school district–Annual levy. For taxes payable in 2023 and each year thereafter, the levy for the general fund of a school district shall be as follows: (1)The maximum tax levy shall be six dollars and thirty and eight-tenths cents per thousand dollars of taxable valuation subject to the limitations on […]
Section 10-12-43 – Excess tax levy authorized for school districts–Vote by governing body–Announcement requirements–Referendum election.
10-12-43. Excess tax levy authorized for school districts–Vote by governing body–Announcement requirements–Referendum election. The governing body of the school district may raise additional revenues for general fund purposes only, from property tax through the imposition of an excess tax levy. The governing body of a school district may impose the excess tax levy with an […]
Section 10-12-43.1 – Excess tax levy–School district capital outlay fund–Restrictions.
10-12-43.1 . Excess tax levy–School district capital outlay fund–Restrictions. A school district subject to the tax limitation on each enrolled student pursuant to § 13-16-7.2 may raise additional revenues for capital outlay fund purposes through the imposition of an excess tax levy. A school district seeking to impose an excess tax levy pursuant to this […]
Section 10-12-44 – Tax abatement–Tax increment financing district–Discretionary formula–Additional revenue to be raised as compensation.
10-12-44. Tax abatement–Tax increment financing district–Discretionary formula–Additional revenue to be raised as compensation. The county auditor having jurisdiction over a school district shall raise additional revenue, for the general fund and special education fund, from real property taxes, to compensate for a tax abatement, a tax increment financing district, or a discretionary formula in accordance […]
Section 10-12-34.1 – Tax levies based on true and full valuation.
10-12-34.1. Tax levies based on true and full valuation. Tax levy limitations shall be applied, and taxes shall be computed, on the true and full valuation. Source: SL 1978, ch 77, §1; SL 1988, ch 94, §3; SL 1989, ch 87, §9.
Section 10-12-35 – Judgment levies exempt from limitations–Levies to pay bonds–Levies authorized by voters.
10-12-35. Judgment levies exempt from limitations–Levies to pay bonds–Levies authorized by voters. Nothing in this chapter shall prohibit the making of any levy directed by the order of any court for the purpose of paying a judgment or judgments against any taxing district for indebtedness created or existing prior to July 1, 1919. The levy […]
Section 10-12-36 – Special election on tax levy exceeding limitations–Vote required for approval–Maximum excess.
10-12-36. Special election on tax levy exceeding limitations–Vote required for approval–Maximum excess. If the governing body of any county, municipality, or township, determines that the amount of taxes which may be levied under the rates limited by this chapter will be insufficient to meet the needs of the taxing district for the current year, the […]
Section 10-12-38 – Equalizing assessment of all property between counties.
10-12-38. Equalizing assessment of all property between counties. The Department of Revenue may equalize the assessment of all property between counties: (1)If a school district or municipality lies partly in each, but only if the board of county commissioners of any one of the counties makes a request in writing for such equalization; (2)If a […]