Code of Alabama - Title 45: Local Laws - Section 45-45A-35.02 - Modification of ad valorem taxation rate — Promotion of equal and uniform levy

Section 45-45A-35.02 - Modification of ad valorem taxation rate — Promotion of equal and uniform levy.

The Amendment 8 school tax, presently levied in portions of the city at a rate of 6.5 mills ($0.65 on each one hundred dollars of assessed value), and the special school ad valorem taxes, presently levied in portions of the school tax district of the city at rates aggregating 15 and 1/2 mills ($1.55 on each one hundred dollars of assessed value), currently result in the aggregate levy and collection of 22 mills of ad valorem tax for public school purposes in respect of property in the city to which the taxes are applicable. Pursuant to a resolution adopted by the city council of the city, following a public hearing held in accordance with Amendment 373, the city proposes, so as to promote the equal and uniform levy of ad valorem taxes for school purposes equivalent to the aggregate of the rate of the ad valorem taxes presently levied under the Amendment 8 school tax and the special school ad valorem taxes on property located throughout the city and the city school district, to modify, subject to approval by a majority of the qualified electors of the city voting on the proposed change, the maximum rate at which the city may levy and collect the Amendment 8 school tax to a rate not exceeding 22 mills ($2.20 on each one hundred dollars of assessed value), the levy of the tax at such modified rate to be conditioned upon enactment of this part and, in respect of property within the school district of the city in any county in which the city is then situated, the corresponding reduction prior to or contemporaneously with the levy, of the rates at which the special school ad valorem taxes were levied for public school purposes.

(Act 2019-264, §3; Act 2019-372, §3.)

Last modified: May 3, 2021