2005 Idaho Code - 31-1008 — COUNTY BUILDING CONSTRUCTION FUND -- LEVY OF TAX -- SPECIAL ELECTION

                                  TITLE  31
                           COUNTIES AND COUNTY LAW
                                  CHAPTER 10
                         ERECTION OF PUBLIC BUILDINGS
    31-1008.  COUNTY BUILDING CONSTRUCTION FUND -- LEVY OF TAX -- SPECIAL
ELECTION. (1) In lieu of the issuance of bonds for the purpose specified in
section 31-1002, Idaho Code, the board of county commissioners of any county
shall have power, in addition to the power specified in said section 31-1002,
Idaho Code, when in their judgment the best interests of the county so
required, to create and establish a fund for the purpose specified in said
section 31-1002, Idaho Code, and for said purposes are hereby authorized and
empowered, by resolution adopted at a regular meeting of said board, or at any
special meeting called for that purpose, to levy, in addition to all other
taxes now authorized by law, an annual tax of not exceeding six hundredths
percent (.06%) of market value for assessment purposes of all taxable property
in such county for the current year, to be certified, extended and collected
at the same time and in the same manner as taxes for general county purposes,
and to be apportioned, when collected, to a special fund to be known as the
"County Building Construction Fund," provided, that in the resolution and for
the purposes hereinbefore mentioned such board shall call an election, subject
to the provisions of section 34-106, Idaho Code, or submit, at any general
election, the question of creating such fund to defray the expenses of
purchasing such site and erecting and furnishing such buildings, at which
election only such electors may vote as are qualified to vote at elections
held for the issuance of general obligation bonds, and which election shall in
all respects be governed and held in the same manner as is now required by law
for the holding of elections to determine the question of the issuance of
general obligation bonds. If, at such election two-thirds (2/3) of the
qualified voters voting at such election shall have voted to create such
funds, then such board of county commissioners may annually levy the taxes for
the purposes hereinbefore mentioned. Such fund shall remain intact, subject to
investment as hereinafter provided, until the same shall, when augmented by
the proceeds of similar levies in succeeding years, be adequate in the
judgment of such board to defray the entire cost of purchasing a site and
constructing the improvements aforesaid and completely furnishing the same,
and no part of such fund shall be expended until complete plans and
specifications have been adopted and contracts entered into insuring the
completion of such purchase and construction within the limitations of such
fund, nor shall the construction of any courthouse or jail be undertaken until
such fund is adequate to insure the proper equipment and furnishing thereof.
    (2)  Notwithstanding the limitations imposed in subsection (1) of this
section, the board of county commissioners may create a fund upon a finding by
the board that a critical need exists for justice or law enforcement related
facilities.  The board may deposit any unexpended sums from the county current
expense fund or the county justice fund into the county building construction
fund or may deposit into the fund all or a part of any non-ad valorem tax
revenues not otherwise restricted or dedicated by law.  On or before the
thirty-first day of March of each odd-numbered year, the board may review the
budget for the current fiscal year and adjust the expenditures in the budget
to provide for deposits into the fund from revenues not otherwise budgeted or
to provide for deposits into the fund from revenues projected to be surplus
over budgeted revenues. The adjustments may be made only after a notice is
given and a public hearing is held substantially similar to that contained in
section 31-1604, Idaho Code.  After the creation of the fund, the board may,
in strict compliance with section 63-802, Idaho Code, deposit any amount into
the fund on an annual basis.
    (3)  Provided, that no such fund shall be accumulated in excess of two per
cent (2%) of the assessed valuation of the property within such county;
provided further, that such fund may be used to supplement the proceeds of any
bonds issued pursuant to the provisions of sections 31-1002 and 31-1004, Idaho
Code, for the purposes aforesaid.