42-17058. Values for computing levy limit in the case of a merger of a community college district with a contiguous county
If an existing community college district merges with a contiguous county that is not a part of a community college district, the values used in computing the levy limit under section 42-17051 for the first year of the new district shall be:
1. For section 42-17051, subsection A, paragraph 2, the sum of the values of the existing community college district and the values of the contiguous county that is not a part of a community college district.
2. For section 42-17051, subsection A, paragraph 1, the maximum allowable primary property tax levy for the existing community college district for the preceding year plus the amount of out county tuition paid by the contiguous county that is not part of a community college district in the preceding year.
Section: Previous 42-17051 42-17052 42-17053 42-17054 42-17055 42-17056 42-17057 42-17058 42-17101 42-17102 42-17103 42-17104 42-17105 42-17106 42-17107 NextLast modified: October 13, 2016