2006 Nebraska Revised Statutes - § 79-10,126 — Class V school district not member of learning community; school tax; additional levy; funds established.

Section 79-10,126
Class V school district not member of learning community; school tax; additional levy; funds established.
Section 79-10,126

A Class V school district that is not a member of a learning community shall establish (1) for the general operation of the schools, such fund as will result from an annual levy of such rate of tax upon the taxable value of all the taxable property in such school district as the board of education determines to be necessary for such purpose, (2) a fund resulting from an annual amount of tax to be determined by the board of education of not to exceed fourteen cents on each one hundred dollars upon the taxable value of all the taxable property in the district for the purpose of acquiring sites of school buildings and the erection, alteration, equipping, and furnishing of school buildings and additions to school buildings, which tax levy shall be used for no other purposes, and (3) a further fund resulting from an annual amount of tax to be determined by the board of education to pay interest on and retiring, funding, or servicing of bonded indebtedness of the district.

Source:

Laws 1939, c. 112, § 1, p. 485

C.S.Supp.,1941, § 79-2722

R.S.1943, § 79-2724

Laws 1945, c. 214, § 3, p. 629

Laws 1947, c. 298, § 3, p. 914

Laws 1949, c. 256, § 266, p. 780

Laws 1951, c. 285, § 2, p. 952

Laws 1953, c. 307, § 2, p. 1023

Laws 1955, c. 320, § 3, p. 989

Laws 1959, c. 407, § 2, p. 1370

Laws 1969, c. 145, § 44, p. 699

Laws 1971, LB 292, § 20

Laws 1979, LB 187, § 241

Laws 1992, LB 719A, § 192

R.S.1943, (1994), § 79-1007.02

Laws 1996, LB 900, § 772

Laws 2006, LB 1024, § 101.

~ Revised Statutes Cumulative Supplement, 2006