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173.020 Tax for existing library -- Report to mayor.

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173.020 Tax for existing library -- Report to mayor. (1) Any city acting under the provisions of KRS 173.010 shall annually, in its annual ordinance fixing the tax rate, include a levy for library purposes not exceeding two <br>cents (&#36;0.02) on each one hundred dollars (&#36;100) worth of property assessed for <br>taxation for city purposes. The amount levied annually shall be credited to the <br>library fund of the city, and the revenue, as collected, shall be paid over to the <br>governing authority of the library by the director of finance in regular weekly <br>installments. (2) All money so received shall be used exclusively for conducting and maintaining the library for the public purposes mentioned in KRS 173.010. The governing authority <br>of the library shall make a report to the mayor each September, showing statistics <br>covering the attendance at and the use of the books of the library, the receipts and <br>expenditures of all money handled by it during the year, and other information <br>bearing upon the usefulness of the library to the public. Effective: October 1, 1942 <br>History: Recodified 1942 Ky. Acts ch. 208, sec. 1, effective October 1, 1942, from Ky. Stat. sec. 2801a-2.