Section 9-22-14 – Tax levy to retire bonds held by debt service fund.
9-22-14. Tax levy to retire bonds held by debt service fund. If a municipal debt service fund is invested in other bonds of such municipality, there shall be a levy of a tax upon the taxable property of such municipality of sufficient amount to pay the interest and also the principal thereof when due, and […]
Section 9-22-3 – Duplicate receipts given by treasurer–Filing with auditor or clerk.
9-22-3. Duplicate receipts given by treasurer–Filing with auditor or clerk. The treasurer shall give every person paying money into the treasury a duplicate receipt therefor, specifying the date of payment and upon what account paid. He shall also file copies of such receipts with the auditor or clerk at the date of his monthly report. […]
Section 9-22-4 – Assignment of delinquent accounts receivable–Disposition of uncollectible accounts.
9-22-4. Assignment of delinquent accounts receivable–Disposition of uncollectible accounts. Every municipality may assign for collection any or all delinquent accounts receivable. After reasonable collection efforts the governing body may determine that an account is uncollectible, and by formal action direct that the uncollectible amount be removed from the records and disclosed on that year’s financial […]
Section 9-22-5 – Municipal funds kept separate and not used for personal benefit.
9-22-5. Municipal funds kept separate and not used for personal benefit. The treasurer shall keep all moneys in his hands belonging to the municipality separate and distinct from his own moneys. He shall not use, directly or indirectly, the municipality’s money or warrants in his custody for his own benefit or that of any other […]
Section 9-22-6 – Designation of depositories for municipal funds.
9-22-6. Designation of depositories for municipal funds. The governing body shall designate the depository or depositories in which the funds belonging to the municipality shall be deposited. Such depository or depositories shall be a bank or banks within the State of South Dakota, unless otherwise specifically provided by law. Source: SL 1913, ch 119, §122; […]
Section 9-22-6.1 – Savings and loan associations as official depositories.
9-22-6.1. Savings and loan associations as official depositories. Domestic savings and loan associations whether chartered by this state or by the United States are official depositories for municipal funds; provided such funds are invested only in the accounts of such associations which are insured by the Federal Savings and Loan Insurance Corporation. The amount so […]
Section 9-22-6.2 – Domestic federal credit union as official depository–Requirement.
9-22-6.2. Domestic federal credit union as official depository–Requirement. Any domestic federal credit union chartered by the United States is a qualified public depository for municipal funds if such funds are invested in accounts which are insured by the National Credit Union Administration. Source: SL 1987, ch 71, §2.
Section 9-22-11 – Interest from deposited funds property of municipality.
9-22-11. Interest from deposited funds property of municipality. All interest derived from the deposit of its funds shall be the property of the municipality. Source: SL 1913, ch 119, §122; RC 1919, §6344; SL 1919, ch 272; SL 1925, ch 236; SL 1929, ch 188; SDC 1939, §45.1423; SL 1943, ch 166; SL 1959, ch […]
Section 9-21A-3 – Establishment of urban service district and rural service district by ordinance.
9-21A-3. Establishment of urban service district and rural service district by ordinance. The governing body of any municipality may by ordinance divide the area within its corporate limits into an urban service district and a rural service district, constituting separate taxing districts for the urban and rural property classified for such purposes by this chapter […]
Section 9-21A-4 – Rural service district–Lands included.
9-21A-4. Rural service district–Lands included. The rural service district shall include only such platted or unplatted lands as in the judgment of the governing body at the time of the adoption of the ordinance are rural in character, are used or usable for agriculture, and are not developed for commercial, industrial, or urban residential purposes, […]