RS 8:105 Maximum tax; use of proceeds
§105. Maximum tax; use of proceeds
The special election may be for a sum not in excess of one mill on the dollar assessment on all real property subject to taxation, and may be held under the election laws relative to voting special taxes. It shall not be necessary to fund the revenues into bonds, but revenues may be spent as received for the purposes herein set forth.
Acts 1974, No. 417, §1.