5-1131. Annual budget (Conditionally Rpld.) A. On or before May 31 of each year, the authority board shall hold a public hearing to adopt a budget for the following fiscal year that includes: 1. Receipts during the preceding fiscal year. 2. Expenditures during the preceding fiscal year. 3. Estimates of amounts necessary for expenses during […]
5-1132. General fund; investments (Conditionally Rpld.) A. The authority shall maintain a general fund and may establish accounts and subaccounts within the general fund as necessary and convenient. All revenues and monies received by the authority shall initially be deposited in the general fund. B. The authority may invest any unexpended monies in the fund […]
5-1133. Excise tax on car rentals (Conditionally Rpld.) A. The qualified electors, by majority vote at an election held pursuant to section 5-1103, may levy and, if levied, the department of revenue shall collect an excise tax on the gross proceeds of sales or gross income from the business of leasing or renting motor vehicles […]
5-1134. Excise tax on hotels and motels (Conditionally Rpld.) A. The qualified electors, by majority vote at an election held pursuant to section 5-1103, may levy and, if levied, the department of revenue shall collect a tax on the gross proceeds of sales or gross income from the business of every person engaging or continuing […]
5-1135. Tax on restaurants and bars (Conditionally Rpld.) A. The qualified electors, by majority vote at an election held pursuant to section 5-1103, may levy and, if levied, the department of revenue shall collect a tax on the gross proceeds of sales or gross income from the business of every person engaging or continuing in […]
5-1136. Tax on amusements and sporting events (Conditionally Rpld.) A. The qualified electors, by majority vote at an election held pursuant to section 5-1103, may levy and, if levied, the department of revenue shall collect a tax on the gross proceeds of sales or gross income from persons taxed under title 42, chapter 5 and […]
5-1137. Tax on retail (Conditionally Rpld.) A. The qualified electors, by majority vote at an election held pursuant to section 5-1103, may levy and, if levied, the department of revenue shall collect a tax on the gross proceeds of sales or gross income from the business of every person engaging or continuing in a business […]
5-1138. Administration of tax (Conditionally Rpld.) A. Unless the context otherwise requires, section 42-6102 governs the administration of the taxes imposed under this article. B. Each month the state treasurer shall transmit the net revenues collected pursuant to this article to the authority for deposit in the general fund.
5-1139. Conditional reduction of district taxes (Conditionally Rpld.) A. If, seventy-two months after the district is established, at least two major league baseball franchises have not executed binding contractual agreements for use of stadiums and other facilities in the district as their exclusive sites for spring training operations for terms of at least ten years, […]
5-1140. Annual audit (Conditionally Rpld.) A. The board of directors of the district shall cause an annual audit to be conducted of each of the authority’s funds, accounts and subaccounts by an independent certified public accountant within one hundred twenty days after the end of the fiscal year. B. The board shall immediately file a […]
5-1431. Annual budget A. On or before May 31 of each year, the board shall hold a public hearing to adopt a budget for the following fiscal year that includes: 1. Receipts during the preceding fiscal year. 2. Expenditures during the preceding fiscal year. 3. Estimates of amounts necessary for expenses during the following fiscal […]
5-1432. General fund; investments A. The authority shall maintain a general fund and may establish accounts and subaccounts within the general fund as necessary and convenient. All revenues and monies received by the authority shall initially be deposited in the general fund. B. The authority may invest any unexpended monies in the general fund as […]
5-1433. Performance audit A. Beginning not later than 2027, and at least every fifth year thereafter, the auditor general shall conduct a performance audit as defined in section 41-1278 of the authority. B. On or before November 30 of the respective year, the auditor general shall issue a public report of the performance audit, including […]
5-1434. Annual audit A. The board shall cause an annual audit to be conducted of each of the authority’s funds, accounts and subaccounts by an independent certified public accountant within one hundred twenty days after the end of the fiscal year. B. The board shall immediately file a certified copy of the audit with the […]
5-831. Annual budget A. Beginning in 2001, on or before June 30 of each year the board shall hold a public hearing to adopt a budget for the following fiscal year that includes: 1. Receipts during the past fiscal year. 2. Expenditures during the past fiscal year. 3. Estimates of amounts necessary for expenses during […]
5-832. General fund; investments A. The authority shall maintain a general fund, divided into a construction account, a facility revenue clearing account and a tourism revenue clearing account. The authority may establish additional accounts and subaccounts as necessary and convenient. All revenues and monies received by the authority shall initially be deposited in accounts and […]
5-833. Construction account A. The authority shall maintain a construction account in the general fund consisting of: 1. Monies received by the authority from any source for the purpose of acquiring land for and funding the cost of constructing a multipurpose facility, including financial participation for capital costs of the facility from any private or […]
5-834. Facility revenue clearing account A. The authority shall maintain a facility revenue clearing account in the general fund consisting of: 1. Revenues received from dedicated public funding sources as provided by law. 2. Payments received from leasing, subleasing or renting property owned, leased or controlled by the authority. 3. Revenues received by the authority […]
5-835. Tourism revenue clearing account A. The authority shall maintain a tourism revenue clearing account within the general fund consisting of monies transmitted to the authority by the state treasurer pursuant to sections 5-839 and 5-840. On the second Tuesday of each month, the treasurer of the authority shall distribute all monies in the account […]
5-836. Operating account A. The authority shall maintain an operating account consisting of monies transmitted to the account pursuant to sections 5-834 and 5-835. B. The authority may spend monies in the operating account for costs incurred for any of the following purposes: 1. Operating, marketing, promoting, furnishing and equipping a multipurpose facility. 2. Paying […]
