Section 50-6-12 - Annual estimate of projected expenditures--Certification to city auditor.

50-6-12. Annual estimate of projected expenditures--Certification to city auditor. The airport board, on or before the fifteenth day of July of each year, shall make an estimate of the moneys necessary for maintaining, establishing, improving, caring for, regulating, and managing such airports and for necessary structures and buildings to be placed thereon, for the ensuing fiscal year. Such estimate shall specify the amount required therefor and shall be certified by the secretary of the board to the city auditor on or before the first day of August of each year.

Source: SL 1947, ch 213, § 16; SDC Supp 1960, § 2.02A10; SL 1967, ch 1; SL 1985, ch 378.