Section 34-31A-23 - Tax levy not to exceed estimates of expenses.
34-31A-23. Tax levy not to exceed estimates of expenses. In no case shall the amount of tax levy exceed the amount of funds required to defray the expenses of the district for a period of one year as embraced in the annual estimate of expenses including the amount of principal and interest upon the indebtedness of the district for the ensuing year.
Source: SL 1971, ch 208, § 7.