72-17,113. Same; supplemental retirement system; tax levy, use of proceeds.
72-17,113
72-17,113. Same; supplemental retirement system; tax levy, use ofproceeds.The board is hereby authorized to levy a tax of not to exceed one millon all the taxable tangible property within the jurisdiction of theboard for the purpose of paying the contribution to be made by the boardto the supplemental retirement fund and for the purpose of paying aportion of the principal and interest on bonds issued by cities underthe authority of K.S.A. 12-1774, and amendments thereto, forthe financing of redevelopment projects upon property located within theschool district. If in any year such levy does not raise sufficientmoney to make the contribution required, any deficiency may be made upin subsequent years, so long as the levy in any year does not exceed onemill. Such levy shall be in addition to all other levies authorized orlimited by law and none of the levy limitations of article 19 of chapter79 of the Kansas Statutes Annotated shall apply to such levy.
History: L. 1951, ch. 409, § 5; L. 1979, ch. 52, § 174; July 1.