260C.28 - TAX FOR EQUIPMENT REPLACEMENT AND PROGRAM SHARING.
260C.28 TAX FOR EQUIPMENT REPLACEMENT AND PROGRAM
SHARING.
1. Annually, the board of directors may certify for levy a tax on
taxable property in the merged area at a rate not exceeding three
cents per thousand dollars of assessed valuation for equipment
replacement for the community college.
2. However, the board of directors may annually certify for levy
a tax on taxable property in the merged area at a rate in excess of
the three cents per thousand dollars of assessed valuation specified
under subsection 1 if the excess tax levied does not cause the total
rate certified to exceed a rate of nine cents per thousand dollars of
assessed valuation, and the excess revenue generated is used for
purposes of program sharing between community colleges or for the
purchase of instructional equipment. Programs that are shared shall
be designed to increase student access to community college programs
and to achieve efficiencies in program delivery at the community
colleges, including, but not limited to, the programs described under
section 260C.46. Prior to expenditure of the excess revenues
generated under this subsection, the board of directors shall obtain
the approval of the director of the department of education.
3. If the board of directors wishes to certify for a levy under
subsection 2, the board shall direct the county commissioner of
elections to submit the question of such authorization for the board
at an election held on a date specified in section 39.2, subsection
4, paragraph "c". If a majority of those voting on the question
at the election favors authorization of the board to make such a
levy, the board may certify for a levy as provided under subsection 2
during each of the ten years following the election. If a majority
of those voting on the question at the election does not favor
authorization of the board to make a levy under subsection 2, the
board may submit the question to the voters again at an election held
on a date specified in section 39.2, subsection 4, paragraph "c".
Section History: Recent Form
83 Acts, ch 180, § 1, 2
CS83, § 280A.28
87 Acts, ch 187, §1; 90 Acts, ch 1253, § 38; 92 Acts, ch 1246, §46
C93, § 260C.28
94 Acts, ch 1175, §4; 98 Acts, ch 1215, § 31; 2006 Acts, ch 1152,
§31; 2008 Acts, ch 1115, § 36, 71