2005 Idaho Code - 67-4914 — LEVY AND COLLECTION OF TAXES

                                  TITLE  67
                      STATE GOVERNMENT AND STATE AFFAIRS
                                  CHAPTER 49
                             AUDITORIUM DISTRICTS
    67-4914.  LEVY AND COLLECTION OF TAXES. To levy and collect taxes as
herein provided, the board of a district authorized to levy and collect ad
valorem taxes shall, in each year, determine the amount of money necessary to
be raised by taxation, taking into consideration other sources of revenue of
the district, and shall fix a rate of levy which, when levied upon every
dollar of market value for assessment purposes of taxable property within the
district, and with other revenues will raise the amount required by the
district annually, to supply funds for paying expenses of organization and the
costs of construction, operating and maintaining the works and equipment of
the district, and promptly to pay in full, when due, all interest on the
principal of bonds and other obligations of the district, and in the event of
accruing defaults or deficiencies, an additional levy may be made as provided
in section 67-4915[, Idaho Code]. The board shall, on or before the first day
of September of each year, certify to the board of county commissioners of
each county within the district, or having a portion of its territory within
the district, the rate so fixed with directions that at the time and in the
manner required by law for levying taxes for county purposes, such board of
county commissioners shall levy such tax upon the market value for assessment
purposes of all taxable property within the district, in addition to such
other taxes as may be levied by such board of county commissioners at the rate
so fixed and determined.